Construction PMI (Aug.) and Mergers & Acquisitions (Q2)

For the first time since early 2010, August saw the commercial property construction PMI dip below 50. Meanwhile, mergers and acquisitions activity remained very low in Q2. As signals of continued weakness in wider business confidence, these data suggest that the risks to property rents are to the downside.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.