-
Strongest rise in Irish activity since October 2007
The seasonally adjusted Business Activity Index – which is based on a single question asking respondents to report on the actual change in business activity at their companies compared to one month ago – increased to 56.1 in October, from 53.9 in September, and signalled the sharpest monthly increase in activity in five years during October. Activity has now risen in three successive months, with the latest expansion mainly linked by panellists to higher new business. Companies remained optimistic that activity will increase over the coming 12 months, and the level of positive sentiment was broadly in line with ... (full story)