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12/05/2014
Sharpest Rise In Private Sector Since Records Began
The private sector in Northern Ireland has shown record increases in April 2014, according to the latest Purchasing Managers Index (PMI).
The PMI is a monthly report produced by Ulster Bank and surveys a panel of firms, tracking indicators including new orders, employment and exports.
The report for April 2014, shows the sharpest rise in activity since the survey began with record rises in both output and new orders.
Employment also continued to increase sharply, according to the report.
The report states: "Output at companies in Northern Ireland rose for the tenth consecutive month in April, and at a substantial pace. Moreover, the rate of expansion was the fastest since the survey began in August 2002, surpassing the previous record set in March 2004. Growth in Northern Ireland was also sharper than the UK average. Where activity increased, panellists mainly linked this to improving sales amid stronger client confidence. Sharper rises in activity were seen across three of the four monitored sectors, with the fastest expansion at services companies."
The full report can be read here.
(MH/IT)
The PMI is a monthly report produced by Ulster Bank and surveys a panel of firms, tracking indicators including new orders, employment and exports.
The report for April 2014, shows the sharpest rise in activity since the survey began with record rises in both output and new orders.
Employment also continued to increase sharply, according to the report.
The report states: "Output at companies in Northern Ireland rose for the tenth consecutive month in April, and at a substantial pace. Moreover, the rate of expansion was the fastest since the survey began in August 2002, surpassing the previous record set in March 2004. Growth in Northern Ireland was also sharper than the UK average. Where activity increased, panellists mainly linked this to improving sales amid stronger client confidence. Sharper rises in activity were seen across three of the four monitored sectors, with the fastest expansion at services companies."
The full report can be read here.
(MH/IT)
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16 January 2002
Northern Ireland sees rise in unemployment
While the number of people without work in the UK has risen by 15,000 in the last three months, Northern Ireland has seen a more modest increase in unemployment - by only 0.3 per cent on the previous quarter. In addition, the increase in benefit claimants was lower than had been expected both nationally and locally.
Northern Ireland sees rise in unemployment
While the number of people without work in the UK has risen by 15,000 in the last three months, Northern Ireland has seen a more modest increase in unemployment - by only 0.3 per cent on the previous quarter. In addition, the increase in benefit claimants was lower than had been expected both nationally and locally.
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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
