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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (24694)	3/2/2005 9:07:37 AM
From: mishedlo	Respond to of 116555

UK CIPS Feb construction PMI falls to 54.2 from 55.5 in Jan Wednesday, March 2, 2005 9:56:29 AM afxpress.com LONDON (AFX) - The rate of growth in the construction sector slowed for the second month running in February, the Chartered Institute of Purchasing and Supply said CIPS said its purchasing manager index of activity in the sector fell to 54.2 in February from 55.5 in January A reading above 50 indicates an expansion in activity, while a sub-50 figure indicates contraction CIPS added that the drop on the headline measure came despite a rise in the new orders sub-index which rose to 56.9 in Feb, from January's 55.6