Construction continues to grow

09/12/2013

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The index shows an increase in new jobs in the construction industry for the third successive month. In November, there was also an increase in the amount of raw materials purchased – also for a third consecutive month

Ulster Bank recorded “a marked rise” in the employment index in November as the number of new orders for construction firms increased for the fifth month in a row (reaching its highest level since 2006).

The index figures for housing activity and commercial building were both above 60, but the civil engineering sector of the industry showed a much lower figure of 45.7 (where any figure over 50 indicates expansion).

Almost two-thirds of construction businesses forecast a growth in activity for 2014.



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