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Construction sector returns to growth

It has been revealed that the UK construction sector returned to growth in March 2010 with the construction purchasing managers index moving over 50 for the first time since February 2008. This return to growth comes at a perfect time for Gordon Brown who has just called the election and will be using every economic indicator in the book to show that his strategy of investment in the UK has seen the UK economy through the worst recession since the 1930s.

The construction sector is a vital element of the UK economy and one of the largest employment sectors in the country. There is growing confidence in the sector and the UK economy with a number of new projects coming online, something which could quell the fears of those concerned about a double dip recession. Even though it is very dangerous to take one months figures in isolation the very fact that new projects have come online is a massive boost for not only the sector but the UK government.

During the recent past there were concerns that Gordon Brown had waited too long to call the election but if the major economic indicators continue to show improvement in the UK then he may well have picked the perfect time to go to the polls.

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