sector

Hotel owners upbeat about prospects

Irish hoteliers are more optimistic about the outlook for the tourism sector, with 51 per cent of respondents to an industry survey pointing to a positive outlook for trading conditions. Despite this more positive outlook however, almost three quarters (71%) of hoteliers remain concerned about…

Rate of construction decline eases at start of 2013

Building, Commercial Blog, Home, Industry News, Property News

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’…

Construction activity continues to fall

Building

Another fall in new orders contributed to a sharp fall in Irish construction activity in October, while business sentiment in the sector was the lowest in nearly two years The latest Ulster Bank Construction Purchasing Managers index posted 42.6 last month, up from 41.9 in…

Building industry suffers sharpest drop since last October

Building

Ireland’s building industry suffered its sharpest fall since last October, according to the latest figures from the Ulster Bank Construction Purchasing Managers’ Index. The Index shows that the gauge fell to 45.4 in April from 46.7 in March. Anything below 50 signifies a contraction in…