Ireland set to benefit from US economic surge

The Irish Manufacturing Purchasing Managers Index showed that manufacturing 'boomed' in April, breaking monthly records since the readings first started 23 years ago.

Ireland is set to benefit from an economic surge in the US, with unemployment here to drop below the 10% previously forecasted for the year-end, senior economists have said.

Irish manufacturing has started to boom in recent weeks and is even struggling to keep up with global demand, according to a new survey.