| By :
Martin Hofschroer
There may be more jobs available in the British construction industry as the sector posted positive growth figures last month. In March 2010, the monthly CIPS/Markit construction Purchasing Managers' Index found that the construction industry experienced growth for the first time since February 2008. The index rose from 48.5 in February to 53.1 in March, which calculated that the construction industry is expanding as a score over 50 relates to positive growth. Sarah Ledger, economist at Markit, told the Guardian that the index results were fuelled by the activity of new businesses and a return of confidence in the construction industry following the housing market crash and global economic downturn. She told the newspaper: "March PMI data signalled growth in activity within the UK construction sector, the first such expansion in over two years. This was supported by rising new orders, as private sector demand increased." An increasing number of people may be required to enroll in plumbing courses, electrical courses and carpentry courses as house building companies have reported improved conditions in the sector. Persimmon and Taylor Wimpey may create new jobs in the future as both businesses reported solid financial figures last month. There was further good news for Britain as data revealed that the UK economy extended its recovery from recession last month. The Office for National Statistics found that the British economy grew 0.2 per cent during the first quarter of the year, which was heavily influenced by activity in the business services and financial sector. Economist at ING Financial Markets James Knightley said: "We look for growth of just 1 per cent this year and 1.5 per cent in both 2011 and 2012. This should help to limit inflation pressures in the economy and so we continue to doubt the Bank of England will raise interest rates before the end of this year." Research by Top Service Ltd revealed that businesses in the construction supply sector are optimistic about the short-term economic future. More than half of the companies polled thought that 2010 would turn out to be a more successful year. Commenting on the survey results, Emma Bridges, a director of Top Service, said: "After such a tough period in the construction sector it is heartening to hear that so many of our customers think that they are over the worst of the recession." Only 14 per cent of businesses surveyed feared that 2010 would be worse, according to the recent study.
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