UK Construction Industry Grows at Fastest Pace in 14 Months [BNN Bloomberg (Canada)]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: BNN Bloomberg
The construction purchasing managers' index jumped to 53 in April, up from 50.2 the previous month, S&P Global said Tuesday. It was well above economists' expectations of 50.4, with any score above 50 signaling growth. It added to signs that the economy kept expanding in the second quarter after a shallow downturn in the final months of last year. Official data on Friday is expected to show that the gross domestic product returned to growth at the start of 2024, with forecasters predicting a 0.4% gain in the first quarter. “Demand was boosted by greater confidence regarding the broader UK economic outlook,” said Tim Moore, economics director at S&P Global Market Intelligence. The sector has been one of the worst affected by the surge in interest rates, leading to a sharp slowdown in housebuilding and a wave of bankruptcies. While the housebuilding sector still struggled in contraction territory, it was more than offset by strength in civil engineering and commercial building,
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SPGI
Earnings
- 4/26/24 - Miss
SPGI
Sec Filings
- 5/17/24 - Form 4
- 5/15/24 - Form 144
- 5/6/24 - Form 8-K
- SPGI's page on the SEC website