Activity in the construction sector rebounded in May to its highest level for nearly 18 months.

The construction purchasing managers’ index rose to 56 in May from 53.1 in April, indicating healthy growth in activity, according to IHS Markit, providers of the data. Its post-crisis peak in 2014 was 64.6.

Tim Moore of IHS Markit said: “The forward-looking elements of the latest survey are reassuring for the construction sector, notably the acceleration in new business growth to its strongest so far this year.”

There are normally differences in surveys of this nature however the Office for National Statistics agrees that public and private housebuilding has been the strongest part of the construction sector over the past year. Obviously this is good news, the market progresses, with optimistic caution!