Agents’ summary of business conditions – March 2015

• Consumer demand had continued to grow steadily.
• There were signs of a pickup in housing market activity since the start of the year.
• Investment intentions for the next twelve months were consistent with moderate growth overall.
• Business services turnover growth had remained robust and broadly based.
• Manufacturing output growth for the domestic market had edged lower. But manufacturing export growth had picked up slightly from low levels.
• Construction output growth had continued to ease slightly, but remained robust overall.
• Corporate credit availability had continued to improve.

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