Latest BNP Paribas Real Estate Purchasing Managers’ Index (PMI) highlights first fall-off in new orders in six months
The company’s latest headline index, which measures construction activity, fell to 45.6 in July from 50.4 in June, dropping back below the 50 threshold, which signals a contraction in activity.
The reading was consistent with the data on new orders, which signalled a first reduction in six months, it said. On the upside, and despite the drop in workloads, construction firms here continued to expand their staffing levels with employment increasing for the seventh consecutive month.“Last year’s construction slowdown gave way to a progressively less severe contraction through the opening half of 2023, culminating in a return to growth in June,” he said.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WeWork is the latest in a litany of miscalculations by SoftbankWeWork is the latest in a litany of miscalculations by Japanese lender and investor
Read more »
200 police officers and staff not told of theft involving data for a monthSome 200 police officers and staff were not informed of the theft of devices and documents with data potentially affecting them for almost a month, the Police Service of Northern Ireland has confirmed.
Read more »
Daniel O'Donnell releases latest single and teases new pre-Christmas albumThe country music legend has released the title track of his brand new album ‘How Lucky I Must Be’ and a special limited signed edition of the album is available to pre-order now
Read more »
League of Ireland star becomes Wrexham's latest Irish addition | SportsJOE.ieHaving signed Republic of Ireland stalwart James McClean last week, Hollywood-backed Wrexham have now added a League of Ireland star to their ranks.
Read more »
Softbank’s reverse Midas touch strikes againWeWork is the latest in a litany miscalculations by Japanese lender and investor
Read more »
PSNI data breach: 200 officers and staff not told of theft for a monthA police-issued laptop, radio and documents were stolen on July 6th from a car said to belong to a superintendent
Read more »