Good news! Positive signs of activity growth at the end of 2014, albeit at the slowest rate of growth in 3 months, is getting people optimistic about further growth and increased activity in the construction sector.
According to Ulster Bank‘s Purchasing Manager’s Index, which tracks the activity of the sector on a monthly basis, the industry grew strongly with a score of 63.1. Anything over 50 indicates growth, however the figure was down from 63.5 in November. While the industry is still showing growth, hopefully the rate of growth can be sustained rather than decline further.