Road to recovery will be a painful one

INCOMING projections for the economy from a range of domestic forecasters lately have received plenty of attention.

Road to recovery will be a painful one

Indeed, it is difficult to recall a time in recent modern Irish history when interest levels in the economic outlook have been higher.

We set out our views on the economy’s prospects in a report released just over a week ago, while the Central Bank and the ESRI have also recently provided early-year updates. Different forecasters will of course tend to come up with somewhat different projections, as judgments on various aspects of the economy’s performance will naturally differ to a degree.

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