Construction industry sees sales, jobs increase in second quarter

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Construction-Industry-Federation Notícia

Brasil Últimas Notícias,Brasil Manchetes

CIF calls for expansionary Budget as industry tackles inflation amid attempts to deliver 50,000 housing units annually

Turnover and employment continued to increase in the construction sector during the second quarter of this year and this trend is expected to continue, according to the Construction Industry Federation .

Some 28 per cent of companies reported an increase in revenue from new orders. This was reported across general contracting and home building, with a decrease in new order revenue across civil engineering and specialist contracting.A general election is coming - prepare to be bribed for your vote CIF director general Hubert Fitzpatrick said Ireland’s demand for investment in critical infrastructure will reach beyond the existing capital ceilings, especially in water services, housing and transport.

“Though easing, the duration of inflation and rising prices remains somewhat uncertain. Slow economic growth and diverging levels of inflation across European member states is now a reality.” The survey also found that the key challenges facing the construction sector were access to skilled labour, securing a healthy profit margin, increased cost of materials, and continuity of work.

 

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