Britains construction sector is in its worst slump since the global financial crisis, with output shrinking for twelve consecutive months. The key purchasing managers index fell to 40.1, signaling contraction. Housebuilding hit its deepest slump since the pandemic, with commercial construction falling at the fastest pace in over five years. Firms blame weak demand, shaky client confidence, and delayed spending decisions. However, theres a glimmer of hope as about 37% of companies expect output to rise this year. Economists remain cautious due to negative vibes and a new mansion tax. Despite a slight expansion in the UK economy, constructions woes could drag on unless things turn around soon. Checkout Solipillow.com

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