Latest figures from the Treasury show 'Isle of Man plc' is faring reasonably well in the face of global economic turbulence.

Treasury's Quarterly Economic Report for the three months to the end of June shows years of continued growth have helped several sectors withstand the downturn.

Financial services, manufacturing, tourism and e-gaming are among the success stories; unemployment went down during the quarter and there are no signs the Island will suffer a recession.

But retailing and construction fared less well.

The report says the Island's construction industry relies heavily on capital projects from government.

Treasury minister Allan Bell says there's a firm commitment to bring forward more projects to boost the sector.