Tuesday June 2, 2020

Construction sector sees sharp rise in new business in October

Output in the sector has now increased in each of the past 26 months

9th November, 2015
A rise in new orders led companies to take on extra staff in October Pic: RollingNews.ie

Activity, employment and confidence improved in the Irish construction sector in October, helped by a sharp rise in new business, a new survey shows.

The Ulster Bank construction purchasing managers’ index (PMI), a seasonally-adjusted index designed to track changes in the sector, rose to 56.3 in October from 55.8 in September, with output having now increased in each of the past 26 months.

The pace of activity accelerated in both housing and civil engineering but there was...

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