‘Modest optimism’ for SME growth
The fourth edition of the SME Monitor — jointly published by DKM Economic Consultants and the Banking & Payments Federation of Ireland (BPFI), formerly the Irish Banking Federation — highlights the best set of indicators for almost six years, with improvements seen across the board, with the exception of earnings and disposable income.
“The performance of virtually every indicator in the monitor has improved, with the possible exception of earnings and disposable income, which have yet to display signs of recovery. The sustained increases in employment appear to be finally feeding through to consumption as all components of domestic demand increased in the second quarter,” said survey author Annette Hughes of DKM.
