Tag Archives: Ulster Bank Construction PMI

Activity in the construction sector is on the up

Record surge in new house building last month

September saw the fastest growth in new home-building in nearly 15 years, the latest Ulster Bank Construction Purchasing Managers’ Index reveals today. The index, designed to track changes in total construction activity, posted 61.5 in September, broadly unchanged from the reading of 61.4 in August but with the level of overall building activity boosted by [...]

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Simon Barry of Ulster Bank

Further growth in construction activity in June

A further expansion in Irish construction activity was recorded in June, extending the current sequence of growth to ten months. The latest rise was supported by sharp new order growth, which also led to increases in employment and purchasing activity. Meanwhile, the rate of input cost inflation remained solid despite easing from that seen in [...]

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The construction industry is reported to be 'on the mend'

Jump reported in number of new construction and property jobs

Recruiters Hays has seen a three fold increase in the number of jobs on offer in the construction and property sector in May compared to the same time last year. Site engineers, quantity surveyors, project managers and property managers are the most sought after in recent months, Hays said. The increase in demand for construction [...]

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Activity in the construction sector is on the up

Construction industry expands in March by largest amount in over eight years

The construction industry expanded last month at the fastest pace since January 2006, according to the latest Ulster Bank Construction Purchasing Managers’ Index. New orders, job creation and industry sentiment all improved during March, according to the data, with the index’s topline reading rising four points to 60.2. Any reading over 50 indicates expansion. Where [...]

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Simon Barry of Ulster Bank

Construction activity continues to grow

A rise in the number of family homes being built around the country is helping the construction sector to recover. The latest construction index from Ulster Bank shows there has been a fifth, consecutive, monthly rise in activity. Housing and commercial work are performing best, with new business levels also continuing to increase. Chief Economist [...]

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Construction sector records fourth consecutive month of growth

The country’s construction sector has reported the fourth consecutive month of growth in activity in December. The Ulster Bank construction purchasing managers index came in 58.3 last month, and while this was down from the 58.8 reading in November, the index still pointed to a substantial increase in construction activity. A figure over 50 signals [...]

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Activity in the construction sector is on the up

Recovery continues in Irish construction sector

  The recovery in the Irish construction sector continued to speed up in October, with growth of both activity and new business accelerating from September. The latest Ulster Bank Construction Purchasing Managers index – which tracks changes in total construction activity – rose to 59.4 in October from 55.7 the previous month. The rate of [...]

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Growth recorded in construction industry for the first time since 2007

Construction activity grew last month for the first time since 2007, the latest monthly survey of companies by Ulster Bank shows. The Ulster Bank Construction PMI index shows that the industry returned to growth last month on the back of an “accelerated” increase in new orders, the first time since May 2007 when the industry [...]

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Construction sector moves closer to stabilisation

The construction sector moved closer to stabilisation last month, according to Ulster Bank’s latest Construction Purchase Managers’ Index. The survey shows that new business continued to show signs of growth in August, up for the second successive month, while business optimism improved to the strongest level since January 2007. Employment and purchasing activity continued to [...]

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Simon Barry, chief economist with Ulster Bank

Rate of construction decline eases at start of 2013

The Irish construction sector continued to contract at the start of 2013, although rates of decline in activity, new orders and employment all eased during the month and business sentiment improved. Meanwhile, the rate of input cost inflation slowed. The Ulster Bank Construction Purchasing Managers’ Index – a seasonally adjusted index designed to track changes [...]

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