Survey of 200 businesses conducted by S&P Global indicates an increase in commercial activity levels between January and MarchThere was an increase in commercial activity in Dublin between January and March, according to a survey of some 200 businesses conducted by S&P Global. Photograph: iStock
Based on a survey of some 200 businesses conducted by S&P Global, the local authority’s latest purchasing managers’ index points to an increase in activity levels between January and the end of March after a dip in the fourth quarter of last year. Growth was led by the dominant services sector, according to the PMI, while the construction sector returned to growth after dipping below the 50 mark in final quarter of 2023, ending three consecutive quarters of growth. However, manufacturing activity slipped in the first three months of the new year after a strong fourth quarter of 2023 reading.