Upbeat growth forecasts reflect positive outlook

This week the employers’ body Ibec produced the most positive economic outlook we have seen thus far.
Upbeat growth forecasts reflect positive outlook

It is forecasting growth of 2.9% in gross domestic product this year.

To my knowledge, the previous most optimistic forecast was the 2.7% rate predicted by the ESRI in its Winter 2013 Quarterly Economic Commentary. It is refreshing to see upgrades to forecasts, because we had become very accustomed to constant downgrading in recent years.

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