Business conditions ‘have steadied’

BUSINESS conditions at the end of this year have steadied, but experiences vary significantly depending on the sector of the economy involved.

According to the Winter 2010 KBC Bank/Chartered Accountants Ireland Business Sentiment Survey, the gap between improving “traded” sectors and weakening domestic demand is increasing.

Overall, while a slight improvement in the economy is projected in early 2011, the survey warns that divergences between the export and the local domestic sectors of the economy are set to widen further.