Tullamore, Co. Offaly | 057 93 52340 | info@chancerygroup.ie

Construction Industry Growth of 2015 has Continued into 2016

Posted in:

chancery-group-blog (8)

The Construction Industry growth of 2015 has continued into 2016. The construction industry recorded a strong pick up in activity in January, according to the latest Purchasing Managers Index from Ulster Bank.

New business increased at its sharpest pace in seven months, with housing, commercial and Civil Engineering all seeing a pick up in activity.

The biggest increase in activity in January was seen in housing projects, where the rate of growth was the sharpest since October 2014.

Rates of expansion in the commercial and civil engineering sectors were the fastest in seven and 13 months respectively, today’s index also shows.