The Bank of Israel’s Composite State of the Economy Index increased by 0.25 percent in February 2015. Reasons included increased house building, trade revenue and job vacancies. Also a surge in purchases of new cars, due to reduced taxes. And investment in Israeli hi-tech is surging ahead.
http://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/23-03-2015-CompIndex.aspx