December was cold in more ways than one for civils contractors, research has shown.
The Construction Purchasing Managers’ Index from Markit in conjunction with the Chartered Institute of Procurement & Supply revealed that civil engineering activity dipped in December for the first time since May 2013.
The study gave a reading of 49.1 to the civils sector in December, where 50 represents parity with the previous month.
However, at 57.6, the overall CPMI reading showed the industry was continuing to grow.
CIPS chief executive David Noble said: “The sector continues on its levelling path this month, with procurement and supply management professionals reporting continued strong growth but with a weaker trajectory than that seen in recent months.
“Levels of positive outlook remain high with 52% of respondents expecting a rise in business activity in 2015, though this month’s sudden drop in the strength of the civil engineering sub-sector and this year’s general election are adding a note of caution.”