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The construction industry has grown for the sixth month in a row, but despite the growth, experts are remaining gloomy surrounding the future of the industry.
The Markit/CIPS UK Construction PMI Index showed figures of 53.6 for June, the sixth month in a row that the industry has grown. Any figure above 50 constitutes a growth.
While the fact that the construction industry is in growth is a plus, the figure was down from May, dropping from 54 to 53.6. Despite the continued growth this year, many experts have painted a depressing picture for the construction industry, saying it will be another two years before the industry really turns the corner.
A new report from the Construction Products Association found that construction output will fall by 3.2% in the next two years, before a flurry of activity and a 3.4 rise in 2014.
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