Construction activity rises sharply in July

There were signs of a slowdown in growth rates in the Irish construction sector during July, but activity, new orders and employment all continued to increase sharply during the month and business sentiment picked up. Meanwhile, input prices continued to rise, largely reflecting the weakness of the euro against sterling. The Ulster Bank Construction Purchasing […]

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Construction sees sharpest rise in activity since November 2004

The economic recovery in the Irish construction sector gathered momentum in June, as activity increased at the second-fastest pace in the survey history. Growth of activity was supported by a strong rise in new business and improved market confidence. As a result, companies hired additional workers again, with the rate of job creation accelerating. The […]

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Positivity the byword at Ulster Bank briefing

A recent Ulster Bank briefing for CIF members heard the bank’s Chief Economist Simon Barry speak about positivity returning to the constructions sector and the general Irish economy. “The growth we’re experiencing is as strong as anything seen over the past 20 years,” he told CIF members gathered at the bank’s HQ in Dublin. Simon […]

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Construction activity gathers speed

The rate of activity growth in the Irish construction sector gathered speed again in May, returning to the pace seen in the final quarter of 2014, says Ulster Bank Chief Economist Simon Barry. Rising activity was supported by strong growth of new orders with firms increasing their employment and purchasing activity accordingly. There was a […]

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