Brexit hits construction for first time
The wave of business uncertainty caused by fears that the UK will crash out of the EU has now reached Irish construction, with output contracting last month for the first time since the economic recovery got underway in 2013.
The Ulster Bank Construction Purchasing Managers’ Index showed Brexit uncertainty weighed on demand, as commercial activity which covers the building of everything from offices, industrial facilities, and shops, receded, while civil engineering contracted further.
