Residential construction in pick up

There’s news on two different fronts this week to show that Ireland’s construction deficit which built up during the recession is being addressed, vitally in the case of residential building and office supply.

Residential construction edged in pole position as the most active section of the building industry in November, according to this week’s Ulster Bank Purchasing Managers Index (PMI).

It noted the sharpest rise in employment since February with strong growth in activity during November, supported by a further sharp increase in new orders.