
The Island’s economy is heading for a growth rate of between three and four per cent in the current financial year, according to the government’s latest quarterly economic report.
Covering the three months up to the end of June, it gives positive updates and outlooks for manufacturing, e-business, shipping, aircraft registration, clean tech and tourism.
However, it's not all good news.
The report shows retailing and construction continue to struggle.
Chief Minister Allan Bell says government is making efforts to support those sectors.
He says overall growth still needs to be boosted further as well:
Ben-my-Chree withdrawn from service due to stern door issue
Ship Registry suggests Manxman 'design flaw'
Dance studio seeks planning permission for new premises to Douglas
Countdown champion hopes victory will inspire others with dyslexia