Ireland's construction sector shrank in September, its weakest since 2022, with new orders and jobs falling.

Ireland's construction sector contracted sharply in September, marking its weakest performance since late 2022, with the AIB PMI falling to 43.7 amid declines across residential, commercial, and civil engineering sub-sectors. This marked the fifth consecutive month below the 50.0 threshold, driven by falling new orders, reduced purchasing activity, and a drop in employment—the first in seven months. Input costs rose at the slowest pace since late 2023. Despite the downturn, construction firms remain optimistic about future growth. Meanwhile, a major housing project in Galway began, and a state housing body plans to deliver nearly 1,000 new social and cost rental homes in 2025, the highest annual output to date.