Sharp Increase in Irish construction employment rates

Simon Barry, Ulster Bank Irish construction employment see highest jump since February as new work comes on stream   Near-term prospects for Irish construction firms continue to be underpinned by ongoing improvement in new business flows Irish construction firms continued to record strong growth of activity during November, supported by a further sharp increase in […]

Employment, Housing

CIS: €17bn in construction projects planned for 2017

The CIS Construction Opportunities Report 2017 reveals that there is an increase of €1bn in combined project values over 2016 in construction work planned for 2017 with €17bn worth of projects in planning for 2017. The CIS (Construction Information Services) Report includes comprehensive descriptions and contact details on the largest active and most lucrative projects […]


Construction activity rises strongly in March

“The rate of expansion in construction activity eases, but remains sharp.” This was the message from the Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity. The Index posted 62.3 in March, remaining well above the 50.0 no-change mark. During the month Construction activity […]


Record rise in Irish construction activity

Irish construction activity increased at the fastest pace since the survey began in June 2000 during February, as the rate of expansion in new business accelerated sharply. Constructors responded by increasing both their purchasing activity and employment at near-record rates. With further improvements in economic conditions predicted over the coming year, business sentiment improved to […]


Avoiding construction disputes

The risks of delay and disruption on construction projects is as old as construction itself – even the Parthenon in Greece was blighted by delays. The CIOB’s 2008 study ‘Managing the Risk of Delayed Completion in 21st Century’ found that 31% of high-rise and 33% of power generation projects finish more than three months late. […]


ISIF – “We’re very keen to engage with you”

“We’re open for business” was the message from the Ireland Strategic Investment Fund (ISIF) when it met with CIF members in a Tullamore hotel recently. The business is developer finance and ISIF says it has over €7.8bn to invest in a range of projects including private and social housing. Eugene O’Callaghan, Director, ISIF, told his […]


“Housing crisis across all sectors in Cork”

At a recent breakfast briefing in Cork organised by CIF Southern Region, Frank Ryan, Director with DTZ Sherry Fitzgerald, gave a presentation about the viability of new residential construction in Cork. He set out his stall by saying the sales price for a new three-bed semi in Cork is €250 per sq ft. “Anything below […]


Election 2016: Construction Q&A with political parties

On the eve of Election 2016 Construction asked all the main parties a series of questions about the construction sector and it’s role in the economic recovery. Martin Foran reports on what they had to say. How important is the construction sector to Ireland’s economy? Fianna Fail For a strong balanced recovery, Ireland needs a […]


Sharpest increase in new business for seven months

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. This encouraged firms to take on extra staff and increase their purchasing activity, while business sentiment remained strongly positive. The Ulster Bank Construction […]