The Charted Institute of Purchasing and Supply have released their key survey, the monthly purchasing manager index for the construction sector, and the results look promising.
The survey shows that the PMI in the construction sector grew at a steady rate during August, continuing a positive outlook on economic growth during the third quarter of 2015.
The PMI grew from 57.1 in July to 57.3 in August. This figure is well above the 50.00 mark that show expansion in the sector.
In addition to the results of the PMI survey, other positive data recorded during August shows a continuing recovery in the construction market, including an increase in the number of people employed in the construction industry.
New Build homes remain strong
The new build sector remained strong and also experienced the fastest rate of growth in the entire construction sector.
Respondents to the survey also said the their outlook within the commercial construction sector had improved which was put down to further improvements in the wider economic outlook in the UK and growing demand from private clients.