The downturn in Britain’s construction industry abated slightly in June as homebuilding returned to growth, but commercial building activity tumbled thanks to mounting worries about the economy, a survey has shown.
The S&P Global UK Construction Purchasing Managers’ Index rose to 48.8 from 47.9 in May, a six-month high but still below the 50 threshold denoting growth. A Reuters poll of economists had pointed to a reading of 48.4.
The
