Service sector fuels North’s economic growth

THE North's economy has maintained its recent good form with a further increase employment and business output.

The latest Ulster Bank Purchasing Managers' Index (PMI) for the Province shows that April saw the upswing in business sentiment continue boosted by the continued growth of the services sector, which was showing the strongest growth.

At 58.3, the PMI index was well above the 50 point mark which signals growth in the economy. A reading below 50 means a contraction of activity.