Irish Manufacturing Boom, Housing Decay, and Investment Delays Define a Two-Speed Economy

Ireland's manufacturing sector is hiring at its fastest pace since May 2022, a clear signal that the industrial heartland is beating strong. The AIB Ireland Manufacturing PMI rose to 55.1 in July, marking a 19th consecutive month of expansion in new business. Companies are adding staff to fill robust order books, even as input price inflation cools to its lowest level since February, squeezing margins less. For an economy often described as a two-speed race between a...