Simon Barry, chief economist Republic of Ireland at Ulster Bank, said: “The latest results of the Ulster Bank Construction PMI survey signalled a welcome return to expansion in Irish construction activity in June. Notably, the headline PMI index rose sharply last month to get back to above the 50 breakeven level for the first time since […]
Irish construction activity rose at a sharp and accelerated pace in May as new business expanded. This is according to the latest Ulster Bank Construction Purchasing Managers’ Index (PMI) – a seasonally adjusted index designed to track changes in total construction activity – it rose to 63.6 in May from 61.3 in April. The reading signalled […]
In the Ulster Bank PMI March 2017 new order growth was sharp and only marginally weaker than in February. Constructors responded by raising their own input buying and employment levels. Business confidence remained positive as firms generally expect recent improvements to continue over the coming year. The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – […]
The third quarter saw and expansion in the Irish Construction sector with the Ulster Bank Construction PMI up to 58.7 in September. Rising workloads fed through to increases in purchasing activity and employment, while sentiment around the prospects for future growth remained strongly positive. The Ulster Bank Construction Purchasing Managers’ Index – a seasonally adjusted […]
Growth in the Irish construction sector strengthened at the start of 2016, with activity rising at the fastest pace in seven months on the back of an accelerated expansion in new business according to the latest Ulster Bank Construction PMI report. This encouraged firms to take on extra staff and increase their purchasing activity, while […]
