Services survey indicates rising need for staff

The services maintained its buoyant recovery in February as a number of firms reported a rise in new orders, the latest industry…

The services maintained its buoyant recovery in February as a number of firms reported a rise in new orders, the latest industry survey showed today.

The NCB Purchasing Managers' Service Index, a lead indicator of activity in the services sector, reported positive growth for the ninth month in succession.

The index recorded a reading of 57 for February - any reading above 50 indicates expansion.

Service providers reported a rise in new business enquiries and said backlogs were lengthening suggesting an increasing need for staff.

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The survey covers all private sector services in Ireland, excluding retail and wholesale. The data are derived from questionnaires sent to a panel of around 600 Irish private services companies that