Economic Pulse shows firms are more positive this month

Economic Pulse shows firms are more positive this month

Businesses were more upbeat about their prospects in December.

The latest Economic Pulse from Bank of Ireland, which measures the economic mood of the country, reveals that the initial shock associated with Brexit and the US election appears to have worn off.

Firms are now more positive about their activity and hiring than they were in November, although they are slightly less optimistic than they were last January.

Dr Loretta O'Sullivan, Bank of Ireland Group Chief Economist, said: "So firms are feeling more positive this month compared to what they felt last month and what the results are telling us is that more firms are looking towards the next three months and seeing the opportunities there.

"And likewise in terms of hiring, firms are looking towards the next three months and seeing that there are opportunities to create jobs as well."

More in this Section

County Cork on the Rise: Trade and traffic part of the rising tide in Cork HarbourCounty Cork on the Rise: Trade and traffic part of the rising tide in Cork Harbour

County Cork on the Rise: Communities help make Cork a fantastic place to live or visitCounty Cork on the Rise: Communities help make Cork a fantastic place to live or visit

County Cork on the Rise: Things are looking up for CorkCounty Cork on the Rise: Things are looking up for Cork

County Cork on the Rise: ‘Cork doesn’t rest on its laurels. We are brimming with talent’County Cork on the Rise: ‘Cork doesn’t rest on its laurels. We are brimming with talent’


Lifestyle

Helen O’Callaghan on the dangers of products high in caffeine.The dangers of energy drinks full of sugar

When bride-to-be Alma Clohessy enlisted her mother Rita’s help in planning her wedding, they made the most of every precious moment together.Wedding of the Week: 'It was the best, yet most emotional day of my life'

As you may be aware, new rules around motor insurance documentation have been introduced. The rules are aimed at improving transparency for consumers but a broker is warning they may have unintended consequences and could cause some confusion among policy holders.Drive a hard bargain for better car insurance

When Peter Ryan lost 90% of his vision in his early 20s, his readjustment was emotionally painful, but maturing, says Helen O’CallaghanA new way of seeing the world: Peter Ryan talks about losing 90% of his sight in his early 20s

More From The Irish Examiner