Construction activity growth quickens in April despite Brexit concerns

Construction activity growth quickens in April despite Brexit concerns

Construction activity rose sharply last month with April marking the 68th consecutive month of stronger construction activity in Ireland.

The Ulster Bank Construction Purchasing Managers’ Index – which tracks changes in total construction activity – rose to 56.6 in April up from 55.9 in March.

Ulster Bank said that housing activity was the strongest performing sub-sector as growth in residential activity continues to show welcome signs of rapid expansion.

Commercial activity also increased last month, though at the slowest pace in six months. But for the eighth successive month, civil engineering activity declined, though at a weaker pace than in March.

The index shows that new orders continued to rise sharply amid reports from companies of improving demand conditions in April.

But some companies also cautioned that Brexit uncertainty was weighing negatively on customers.

Some firms also said they had raised their input purchases in order to mitigate any supply disruptions resulting from Brexit.

Ulster Bank said that in contrast to the faster rise in new business, employment growth in the Irish construction industry eased slightly during April.

Despite this, the rate of job creation was sharp and quicker than the long-run series average with companies indicating that extra staff had been hired in order to keep up with customer demand.

Article Source: Click Here

< Back to News

Covid-19 Clinton Higgins Business Arrangements

We hope that you are keeping well and safe in these very challenging and unprecedented times. At Clinton Higgins we want to assure you that our professional team remains fully available to serve our clients by way of telephone calls, emails and video conferencing. All our usual channels of communication are open and you can contact us by way of email at or by telephone 045881777 at any time. The only exception that you can expect is the absence of any face to face meetings. We fully support the Government’s recommendations and the welfare of our staff, our clients and our suppliers is paramount at this time.

Thank you

Partners and Staff