PMI

Activity in construction sector falls again

Activity in construction sector falls again

Activity in the Irish construction sector fell again at the start of 2012, after stabilising towards the end of last year. The Ulster Bank Construction Purchasing Managers index fell to 46.4 in January from 49.9 in December. Any figure below 50 signals contraction, while a…
Rate of decline slows in construction industry

Rate of decline slows in construction industry

Activity at Irish construction companies continued to fall in November, although the rate of decline slowed. New business declined marginally as clients remained cautious regarding economic conditions. Meanwhile, firms reduced employment again, and at a substantial pace. The Ulster Bank Construction Purchasing Managers’ Index (PMI) …