{"id":366646,"date":"2011-04-04T10:37:05","date_gmt":"2011-04-04T10:37:05","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/04\/04\/building-industry-costs-rising\/"},"modified":"2011-04-04T10:37:05","modified_gmt":"2011-04-04T10:37:05","slug":"building-industry-costs-rising","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/","title":{"rendered":"Building industry &#8216;costs rising&#8217;"},"content":{"rendered":"<p><div readability=\"61.107274969174\">\n    \t\t  <span><br \/>\n    <span>4 April 2011<\/span><br \/>\n<span>Last updated at <\/span><span>06:37 ET<\/span><br \/>\n<\/span><\/p>\n<p>The UK building industry continued to grow in March, but raw materials price rises hit a 31-month high, research suggests.<\/p>\n<p>Rising costs were driven by fuel, oil and steel, the Purchasing Managers Index (PMI) for the sector said.<\/p>\n<p>Industry activity registered a level of 56.4 for March, well above the expected 54.9. A level above 50 indicates expansion.<\/p>\n<p>However, the survey also suggested that new order growth had slowed.<\/p>\n<p>  <span>&#8216;Still wary&#8217;<\/span><\/p>\n<p>&#8220;Worryingly, new order growth slowed more notably than that of activity in March, pointing to a slowdown in activity over the coming months, especially if the pattern is sustained,&#8221; said Sarah Ledger, economist at Markit Economics and author of <a href=\"http:\/\/www.markiteconomics.com\/MarkitFiles\/Pages\/ViewPressRelease.aspx?ID=7876\">the report<\/a>.<\/p>\n<p>Anecdotal evidence also suggested industry members remain concerned about the likely impact of government spending cuts on future business.<\/p>\n<p>&#8220;Confidence among constructors remained subdued, slipping to a three-month low, with many companies still wary about the possible impacts from public spending cuts,&#8221; added Ms Ledger.<\/p>\n<p>Despite this, the employment in the cyclical industry appears to have bottomed out.<\/p>\n<p>The survey found the rate of reduction of staffing levels had fallen to its slowest rate since job cuts in the sector began nine months ago.<\/p>\n<\/p><\/div>\n<\/p>\n<p>Visit link:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.bbc.co.uk\/go\/rss\/int\/news\/-\/news\/business-12955621\" title=\"Building industry 'costs rising'\" rel=\"noopener noreferrer\">Building industry &#8216;costs rising&#8217;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 4 April 2011 Last updated at 06:37 ET The UK building industry continued to grow in March, but raw materials price rises hit a 31-month high, research suggests. Rising costs were driven by fuel, oil and steel, the Purchasing Managers Index (PMI) for the sector said. Industry activity registered a level of 56.4 for March, well above the expected 54.9. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-366646","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Building industry &#039;costs rising&#039; - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Building industry &#039;costs rising&#039; - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"4 April 2011 Last updated at 06:37 ET The UK building industry continued to grow in March, but raw materials price rises hit a 31-month high, research suggests. Rising costs were driven by fuel, oil and steel, the Purchasing Managers Index (PMI) for the sector said. Industry activity registered a level of 56.4 for March, well above the expected 54.9.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Building industry &#8216;costs rising&#8217;\",\"datePublished\":\"2011-04-04T10:37:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/\"},\"wordCount\":208,\"commentCount\":0,\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/\",\"name\":\"Building industry 'costs rising' - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-04-04T10:37:05+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Building industry 'costs rising' - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/","twitter_card":"summary_large_image","twitter_title":"Building industry 'costs rising' - Ghanamma.com","twitter_description":"4 April 2011 Last updated at 06:37 ET The UK building industry continued to grow in March, but raw materials price rises hit a 31-month high, research suggests. Rising costs were driven by fuel, oil and steel, the Purchasing Managers Index (PMI) for the sector said. Industry activity registered a level of 56.4 for March, well above the expected 54.9.","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/"},"author":{"name":"","@id":""},"headline":"Building industry &#8216;costs rising&#8217;","datePublished":"2011-04-04T10:37:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/"},"wordCount":208,"commentCount":0,"articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/","url":"https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/","name":"Building industry 'costs rising' - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"datePublished":"2011-04-04T10:37:05+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/04\/04\/building-industry-costs-rising\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/366646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=366646"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/366646\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=366646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=366646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=366646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}