Category: construction

Construction activity continued to fall sharply in May but at a softer pace than in April, the latest Ulster Bank Construction PMI survey shows today. The Purchasing Managers’ Index, which tracks changes in total construction activity, posted a reading of 19.9 in May. This was up from 4.5 in April as the construction sector opened up […]

Construction is resuming on 35 social housing projects to ensure local authorities can deliver accommodation for people currently in emergency accommodation or at risk of homelessness during the current pandemic, the Department of Housing, Planning and Local Government confirmed. However, the Construction Industry Federation has warned members that if they do not comply rigorously with […]

Construction activity fell to its lowest level in 11 years as Covid-19 restrictions halted building across the country last month. Ulster Bank’s construction purchasing managers’ index, which follows the sector’s performance every month, fell to 28.9 in March from 50.6 in February, indicating that the industry virtually collapsed. The outbreak of the virus hit all […]

Activity in the construction sector fell at the sharpest rate since June 2013, according to the latest Ulster Bank Purchasing Managers Index. Activity in the construction sector fell at the sharpest rate since June 2013, according to the latest Ulster Bank Purchasing Managers Index. The index, which tracks changes in total construction activity, fell to […]

Activity in construction industry sees first slowdown in 6 years Activity in the construction sector contracted for the the first time in over six years in September, Ulster Bank’s latest Purchasing Manager’s Index reveals. The PMI fell to 48.3 in September, a significant drop from 53.7 recorded in August. Any figure under 50 signals a […]

Construction activity growth eases to four-month low in May Activity in the construction sector eased to a four month low in May, according to the latest Purchasing Managers’ Index from Ulster Bank. The Ulster Bank Construction PMI fell to 54.9 in May, down from a reading of 56.6 in April. But despite the slowdown, the […]

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 […]

Apartments on the rise as house-building slows The number of apartments built here increased 64pc in the first three months of the year, driven by investment from so-called ‘cuckoo funds’. At the same time there has been a slow-down in the pace of new house-building, which has clocked up the slowest increase since 2013. The […]

Dublin 7th most expensive place in the world to build Dublin is the seventh most expensive place in the world to build, with average construction costs at $3,245.10 per metre squared, a new report shows. The International Construction Market Survey, from global professional services company Turner & Townsend, shows that San Francisco takes the top […]

Housebuilding boosts ‘robust’ construction growth Construction sector output remained strong in March, and was led by housebuilding for the third month in a row, according to the latest industry figures. Ulster Bank’s construction industry purchasing managers index (PMI) tracks output and sentiment among hundreds of managers month to month. The latest PMI reading of 55.9 […]