Construction-sector confidence dips to 18-month low

The rate of contraction in the construction sector has worsened and confidence has dipped to an 18-month low, according to a new survey.

Mon, 13 Dec, 2010 - 07:40

The rate of contraction in the construction sector has worsened and confidence has dipped to an 18-month low, according to a new survey.

The Ulster Bank Construction PMI survey shows the fall in employment in the sector in November was the fastest in six months.

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<p>Nearly two thirds, 62%, of Gen Z respondents in Ireland said the cannot afford a home, significantly higher than the global average of 51% for this demographic of Gen Zs. Similarly, millennials in Ireland are also finding it harder to afford a home compared to the survey’s average, 49% to 40%. File picture</p>

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