The Ulster Bank Purchasing Manager Index shows that the Irish Construction industry is displaying strong signs of recovery with the index rising from 52.9 in March to 57.9 in April. Any reading over 50 indicates that the sector is in growth mode.
Ulster Bank reported a surge in activity in the commercial and housing sectors for the month, which signified the 20th consecutive month of increased activity.
The April results represented the largest growth rate since the start of the year. With this accelerated growth comes an increased demand for candidates who have construction industry experience. This demand is not just confined to the commercial and housing sectors but also extends to the civil engineering sector, which is also showing concrete signs of recovery.
During the boom, the Irish construction sector was the second largest employer in the Irish economy, second only to retail. A return to growth in this sector will not only contribute greatly to reducing unemployment, fanning continued growth, but will also lead to greater social cohesion by helping attract many of our emigrants home, many of whom have gained significant experience and expertise in international construction markets.
To read more about the Irish construction sector displaying concrete signs of recovery, please click here>>>
To read more about how to attract our emigrants home, please click here>>>
To download the Ulster Bank PMI report for April 2015, please click here >>>