class="MsoNormal">The Construction Industry is continuing to struggle and deteriorate.

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class="MsoNormal">That is according to the latest Ulster Bank Construction PMI for July 2012.

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class="MsoNormal">It shows the contraction in the sector deepened again in July.

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class="MsoNormal">Both activity and new business was falling at faster rates than in previous months.

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class="MsoNormal">Simon Barry is the Chief Economist with Ulster Bank.

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class="MsoNormal">Analysts say the primarily domestic construction industry is undergoing a sharp correction that has yet to bottom out.

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class="MsoNormal">Though that will have a drag effect on the economy as a whole, experts point to other sectors, like manufacturing, for growth.

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class="MsoNormal">Analysts say the primarily domestic construction industry is under-going a sharp correction that has yet to bottom out.

class="MsoNormal"> Though that will have a drag effect on the economy as a whole experts point to other sectors like manufacturing for growth.

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class="MsoNormal">He says the findings present challenges.