What’s actually slowing this PC down?
Pick the symptom - the matching free tool is one click away.
No: the latest AIB update covered here does not verify three consecutive months of growth. AIB’s August 2026 report describes a second month of expansion, with the seasonally adjusted Construction Total Activity Index at 50.7, down from 53.0 in July. Both readings indicate growth, but August’s was slower.
What the latest AIB construction PMI says
The latest entry in AIB’s Ireland PMI archive checked on October 13, 2026 is the August 2026 update. It says construction activity grew for a second consecutive month—not a third. The headline index eased from 53.0 in July to 50.7 in August. Because both figures are above 50, the survey indicates that activity increased overall from the previous month, though at a slower pace in August. AIB’s PMI archive lists the updates; the August 2026 report gives the latest reading.
![Construction Project Management & Estimating for Beginners: [2 in 1] From Estimates to Execution - Mastering Project Bids, Estimating Techniques and Management Essentials for New Professionals](https://m.media-amazon.com/images/I/511FzD120CL._SL160_.jpg)
As an Amazon Associate I earn from qualifying purchases.
How the index works—and what it does not measure
The AIB Ireland Construction PMI is compiled by S&P Global from questionnaires sent to a panel of around 150 construction companies. The panel is stratified by workforce size and based on contributions to GDP. Responses are collected in the second half of each month and describe the direction of change compared with the previous month.
The index combines the share of respondents reporting higher activity with half the share reporting unchanged activity, then adjusts the result for seasonality. A reading above 50 indicates an overall month-on-month increase; below 50 indicates a decrease. It is a diffusion measure, not a count of projects, a euro-value estimate of construction work, or an official national-accounts measure of output growth. AIB also cautions that its construction Total Activity Index is not comparable with the headline manufacturing PMI. Underlying survey responses are not revised after publication, although seasonal-adjustment factors may change. AIB’s construction PMI page explains the survey and index.
#1 Best Overall
How activity changed during 2026
The months documented in AIB’s updates show a return to expansion early in the year, followed by a later slowdown that remained on the growth side of the threshold. The readings refer to different survey months and should be interpreted as month-on-month signals, not as cumulative output growth.
| Survey month | Total Activity Index | What AIB reported |
|---|---|---|
| February 2026 | 52.1, up from 48.6 in January | Activity returned to growth after nine consecutive months of contraction. Housing and commercial activity rose, while civil engineering fell. New orders increased for a third successive month and at their strongest pace since February 2022. AIB and S&P Global’s February report. |
| March 2026 | 53.2, up from 52.1 | Activity expanded for a second consecutive month, at the fastest pace in a year. Housing and commercial activity grew; civil engineering contracted for an eleventh consecutive month, though more slowly. New orders rose for a fourth month, and employment for a fifth. Input-cost inflation accelerated to its fastest rate since December 2022. AIB and S&P Global’s March report. |
| July 2026 | 53.0 | The July index was the comparison figure in AIB’s August update; the source does not state further July detail here. AIB’s August report. |
| August 2026 | 50.7, down from 53.0 | AIB described a second consecutive month of growth, with a slower expansion than in July. AIB’s August report. |
Why a headline increase does not mean every segment is growing
The total index aggregates responses across construction firms, so subsectors can move in different directions. In March, housing and commercial work expanded while civil engineering continued to contract. New orders, current activity, and employment also describe distinct parts of the survey: rising orders can signal demand, but they do not mean every type of work or every firm is already busier. The index is best read alongside those component trends, rather than as a blanket statement about all Irish construction.
Rank #2
How to interpret the “third month” claim
AIB’s August update explicitly calls the result a second consecutive month of growth. The available updates also establish that February and March each recorded expansion, but they do not provide the intervening sequence needed to verify a third straight month immediately before August. The headline claim is therefore not supported by the latest AIB report cited here. For that question, use the wording and period of the specific update rather than counting isolated months with readings above 50.
Quick Recap
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
