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Manufacturing growth rate slows in January - PMI

The manufacturing sector saw its slowest rate of expansion in nine months during January, the latest monthly purchasing managers’ index from NCB showed.

THE MANUFACTURING SECTOR continued to grow during the first month of 2013 – but at the slowest rate noted over the previous nine months, according to the latest NCB monthly purchasing managers’ index.

The NCB Republic of Ireland Manufacturing PMI recorded 50.3 in January, just above the figure of 50 which separates expansion from expansion. Conversely, the index stood at 51.4 in December.

Manufacturing output increased slightly but new orders and employment fell marginally during January. The NCB cited a fall in new orders due to weakening client demand.

Data suggested that the increase in production partly reflected the depletion of backlogs of work as new orders decreased. Outstanding business fell for the 23rd successive month, but at a reduced pace.

Total new orders declined for the first time in 12 months – albeit only marginally – the figures show.

Some panellists reported weakening client demand, but others indicated that growth in export markets had supported overall new business.

Suppliers’ delivery times lengthened to the greatest extent in 19 months during January. The marked deterioration in vendor performance was linked by respondents to low stock levels and subsequent capacity constraints at suppliers.

Read: Ireland the only eurozone country to see manufacturing increase in October

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    Mute Tony Skillington
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    Jul 20th 2012, 8:02 AM

    The one and only time that Kenny showed leadership, courage and backbone. Has been a complete disappointment ever since.

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    Mute ged_star
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    Jul 20th 2012, 8:27 AM

    “One year on: What’s happened since Enda Kenny’s landmark Cloyne speech?”

    Answer F**K ALL

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    Mute Celtic Lady
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    Jul 20th 2012, 6:50 AM

    I had great hopes for the Government when I heard that speech. I thought finally , we are getting somewhere.

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    Mute Ryan oneill
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    Jul 20th 2012, 7:12 AM

    More hot air from a flat deflated Taoiseach!

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    Mute Carlin Ite
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    Jul 20th 2012, 8:01 AM

    How can people take mr pr man seriously. He spoke those words only because people wanted to hear them at the time. But he knew like all politicians know the Irish quickly forget!

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    Mute Colm McDonagh
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    Jul 20th 2012, 8:46 AM

    ‘Dysfunctional,disconnected and elitist’ ? Does that not describe our government/insiders? Enda and Eamonn, your time is rapidly running out…

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    Mute Matt Black
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    Jul 20th 2012, 7:02 AM

    So let them be, who have had sex with children!
    And turn Your rage on those who turned their eyes,
    Intending to defend Your church with lies!
    Nor were they ever fit for Your dominion!
    These hypocrites are far worse than the poor
    Polluted souls they moved from place to place,
    Avid to avoid undue disgrace,
    Trafficking in silence to be sure.
    Remember them when You return! For they,
    Instead of proper penance, yet remain
    Cardinals, bishops, princes in Your name,
    Knowing well what price they ought to pay!

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    Mute Brendan Williamson
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    Jul 20th 2012, 2:57 PM

    English translation: Clerical paedophiles are bad, but so are their facilitators who protected them.
    Conclusion: Poetry is a handy way to say something obvious in a way that make you sound intellectual.

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    Mute Lee Ross
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    Jul 20th 2012, 12:40 PM

    In some ways, nothing happened – nothing much anyway. I’d love to see the catholic church kicked out of the country or at the very least hauled through the courts with the pope ultimately responsible being locked up. The church has had too much power in this country for way too long. Even if it was made an illegal organisation would be good. Pope JPII’s young people of Ireland, I love you statement can be seen in a different light now. Maybe when he kissed the ground at the airport he was really hoping to get it up the ass – should have Father Ted style.

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    Mute Steven McTowelie
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    Jul 20th 2012, 9:59 AM

    That speech should be remembered for what it was, extremely populist and opportunistic. It was the perfect time for such a speech, but it was not as brave as people seem to think.
    The church was once viewed as the pinnacle of the Irish system, a very powerful entity and the moral beacon to light the path. Roll on the years and its disgusting antics are displayed to the citizens and they rightly lose faith in it. The power of the church topples, its influence diminishes and its beacon fades.
    At the same time the population are becoming aware that they have been mugged by their past political leaders, and indeed that the world at large may not be as we once conceived it to be.Election time comes round, the people are weary but angry and have had enough lies…In to power waltzes Enda and associates on the promise of change,truth, transparency etc.
    There is a vacuum of moral leadership perceived to exist…without a beacon, how will we see the path?
    Enda’s speech that day was effectively, an attempted coup by him to replace the church as the moral leader of the country with himself. Like a young up and coming fighter, giving the disgraced punch drunk old champion of yesteryear a beat down. He saw the crocked church, hit it his best shot and secured some popularity as the guy who stood up to the church. Lets not kid ourselves, he would not have attempted it back when the church was the champ!
    P.S. I AM A FAN OF NEITHER.

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    Mute Mick Collins
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    Jul 20th 2012, 9:30 AM

    I believe the time has come for contributors to be asked their affiliations to political parties. Looking at the posts on this story with two exceptions I see names and nom de plumes associated with Sinn Fein . This makes it unlikely that the Journal will ever be highly read and that’s a pity because it gives us so much with day and evening long support from the journalists.

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    Mute Shanti Om
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    Jul 20th 2012, 7:13 PM

    Please clarify.. Are you trying to insinuate that if someone is associated with SF that makes them undesirable somehow?
    Not only this, but that their presence in the comments section (which is fully open to any member of the public subject to the rules of the comments policy) will somehow affect the journals readership?
    Where do we start? Guilt by association, circumstantial ad hominem,
    Poisoning the well, it’s very poor logic, and it makes you look quite elitist / snobbish.
    Would you be suggesting that an FF readership would damage the journal too, because you failed to mention that.. How about FG supporters? Labour?

    I don’t find any of our political parties truly credible and as such have no party preference. I will vote based upon how well the individual councillor represents my views, and how good they are at their job. Which, according to “Common Sense” is what democracy is supposed to be all about.

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    Mute Barry Coughlan
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    Jul 20th 2012, 10:35 AM

    I was having a gawk through the 2011 Party Leaders Allowance data from SIPO the last day. No surprise to see FG were the biggest spender on “Media Training” (€70,000) and “Consultancy fees including H.R., Media, I.T. & P.R. Management”. On top of that, remember Kenny intervening last yearto get Ciaran Conlon (his “media manager”) a €35,000 raise to €127,000 per year. All paid for by the public.

    Remember, what you see and hear through the media is cleverly micromanaged by PR firms. Be swayed by actions, not words.

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    Mute Barry Coughlan
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    Jul 20th 2012, 10:36 AM

    Meant to say: the figure for “Consultancy fees including H.R., Media, I.T. & P.R. Management” was €258,693.

    The SIPO report can be found here: http://www.sipo.gov.ie/en/Reports/StateFinancing/FundingreceivedunderPartyLeadersLegislation/290512-ReportonExpenditureofthePartyLeadersAllowance2011/File,15730,en.pdf

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