House building activity declines for third month in a row

According to the latest AIB Purchasing Managers’ Index commercial building construction saw growth with activity increasing for the sixth month running

The PMI index showed 'the pace of reduction accelerated compared to June' for residential construction activity.

Residential construction activity contracted for the third consecutive month in July as the overall construction sector saw a muted start to the second half of the year, the latest AIB Purchasing Managers’ Index (PMI) shows.

According to the PMI, marked reductions in housing and civil engineering activity were recorded in July while commercial building construction saw growth with activity increasing for the sixth month running.