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Mon 11 Nov 2009Ulster Bank surveys show further fall in construction

ACTIVITY IN the Irish construction sector fell at a “considerable pace” in October while employment was also “cut sharply again”, according to the latest Ulster Bank Construction PMI survey.

Meanwhile, the latest Ulster Bank PMI survey in Northern Ireland found that business activity levels and employment fell again last month as the knock-on effects of the recession hit the private sector. However, there was a “significant easing” in the pace of job losses.

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