Irish Services Sector: Second successive increase in business activity in May as new orders continued to rise
Jun 3rd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Services Sector: 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 52.4 in May, from 51.0 in the previous month. The pace of growth in activity remained modest, but accelerated to the sharpest since December 2007. Higher activity largely reflected increased new business.