Irish Service Economy: Rates of decline of activity and new business accelerated in August; Contraction of activity in each month since February 2008
Sep 3rd, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Service Economy: Continuing the downward trend recorded since the turn of the year, the seasonally adjusted Business Activity Index registered a new survey low of 39.8 in August. The Index has signalled contraction of activity at service providers in each month since February 2008, and the latest fall was sharp with around 39% of firms noting a reduction.