‘Signs of optimism’ in manufacturing

A DEGREE of confidence is returning to Ireland’s manufacturing sectors, though in small doses, according to a new report.

Backing up positive new monthly industrial production figures from the CSO, yesterday’s summer 2009 Business Outlook Survey from KPMG said while sentiment is still weak, there are signs of rising optimism.

“Irish business has particular concerns about profitability and weak domestic demand and it’s difficult to see this changing in the short term.