Construction in Ireland expands at fastest pace in five months
Staff Writer | December 12, 2017
Construction activity increased sharply during November, with the rate of growth accelerating from the previous month.Article continues below
New orders and employment also rose at stronger rates, related to improving economic conditions, stronger client confidence and efforts to expand activity.
The Ulster Bank Construction Purchasing Managers’ Index (PMI) – a seasonally adjusted index designed to track changes in total construction activity – rose to 56.7 in November, up from 54.5 in October and pointing to the fastest rise in activity in five months.
The sharp increase extended the current sequence of expansion to 51 months.
According to respondents, higher new orders was the main factor leading activity to rise. For the second month running, the housing sub-sector was the best performing of those covered by the survey.
Activity on residential projects increased sharply, and to the greatest extent since June.
Commercial activity also rose at a faster pace in November.
Meanwhile, civil engineering activity continued to fall, albeit to a lesser extent than in October. ■ What to read next
The heavy downpours that have pummeled Seoul and central regions of South Korea also hit the retail industry, causing closures of department stores and delayed deliveries of goods to consumers.
Latest Three injured in Google data center explosion
Wizz Air to resume flights from UAE to Russia in October
FloWorks International acquires Flotech
Archer acquires 50% stake in Iceland Drilling
U.S.: Heat and possible flooding to start off the week
China tests fish for coronavirus onboard boat
Spanish rail operator Renfe suspends bullet train service after cable theft
Collapse of UK NHS dentist practices: People pull out their own teeth without anaesthesia
Renewed heatwave expected across UK
Italy reduces LNG imports due to terminal closure, Gazprom transit request via Ukraine at 41.8 mcm
Felixstowe: Strikes announced at biggest UK port as company fails to make acceptable pay offer
Iran’s export of products to Turkey up 81% in H1
Highlights: August 1, 2022 - August 6, 2022
Riva Wind and Arizona sail from Ukraine with 105,000 tons of grain
Trending Now
Diapers and feminine hygiene products no longer taxed in Colorado
Australia to permit offshore wind farms
U.S. Senate approves financial package expected to total more than $700 billion
Iran not to give up on its water share rights
Italy grants Ukraine EUR 200 mln preferential loan for teachers' salaries
Today We Recommend Highlights
John F Hunt acquires Morris Machinery
Breedon Group acquires Severn Sands
Baker Hughes acquires Power Generation Division of BRUSH Group
EXMAR sells floating liquefaction unit to Eni
Agreement signed between Nokia, EAI on making Nokia mobile phones in Egypt
Encora appoints Deepak Bhandari as EVP, head of corporate development
Firmenich: Maurizio Clementi interim president of taste and beyond division
Joyce Farms appoints two new leaders
Shore Bancshares appoints Esther A. Streete as director
Liberty Group Construction Services appoints Jeffrey VanderVorst as EVP
EU trade in services balance hits €133 billion in 2021
Japan's current account shrinks 63.1 pct in H1
Bulgaria's GDP reached record 68 billion euros last year
Oman posts $2 billion surplus in H1
Germany: Industrial production rebounds in June
Community First Bancorporation Q2 earnings increased 154.9%
Siemens Energy Q3 orders continued to be strong
Barrick Q2 net earnings per share $0.27
Berkshire Hathaway Q2 net loss attributable to shareholders $43.76 billion
Goodyear Q2 net income more than doubles
Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
Government of Canada invests in improving animal welfare
COVID quarantine for imported processed seafood in Vietnam to be removed
Ukraine needs to transport up to 5 mln tonnes of crops per month to export both new and last year's harvest
Equine infectious anemia confirmed at horse facility in Clark County, Nevada
Deadly rabbit disease confirmed in Thurston County, Washington
62% of consumers will stop buying from brands that compromise products to cut costs
Companies must invest to avoid supply chain scandal or pay the price in lost consumers
How awards, recognition decrease inventors' creativity
Keeping employees is harder than ever. And we don't have good news
How much is 'great resignation' costing companies?
Guardia di Financa finds unregistered foreign company operating in e-commerce
Iowa AG sues tobacco companies over $133 million in withheld payments
AG Bonta announces $15.5 million judgment against Rent-A-Center
Illinois AG Raoul announces agreement with former opioid maker Allergan
AG Shapiro secures preliminary agreement with Teva for $4.25 billion
Magazine
Pullman Doha West Bay Hotel opens in Qatar
DoubleTree by Hilton hotel opens in Malaysia
Great Dorset Chilli Festival, the hottest festival in UK
Selina Serenity Rawai Phuket Hotel opens in Thailand
254 Room W Toronto Hotel opens
2023 Subaru Crosstrek sells like hotcakes
New Mercedes‑Benz GLC, at home on any terrain
GMC unleashes new 2023 Sierra 1500 AT4X AEV Edition
First BMW M3 Touring presented
Southern Wind Power of 2, just for you and ocean ahead
Freddy WR.UP, pants that hug you in all the right places
Stylishly luxurious house design
Great design ideas that might not work for you
Garden mirrors, explore new views of your garden
Unusual and highly functional lamps
Forget streaming services, use McIntosh MR89 to enjoy AM/FM music
Infinix NOTE 12 PRO, first smartphone powered by MediaTek Helio G99
MW75 active noise-cancelling headphones, variety of new features
Parasound JC 1+ mono power amplifier by John Curl, pure delight
Cambridge Audio SX80, stylish loudspeakers for any room
Batten disease, a group of fatal genetic disorders
German government supports development of nasal COVID-19 vaccine
Cases of West Nile virus on the rise in Italy
U.S. declares monkeypox public health emergency
South Africa reports first death causally linked to COVID vaccine
Length of Earth's days has been increasing, scientists don't know why
South Korea launches first lunar orbiter
Bantu speakers crossed through Central African Rainforest 4,000 years ago, changed everything
Webb telescope captures colorful Cartwheel Galaxy
Sadiq Khan launched £3.1m tree planting package to combat climate change