Survey: Competitiveness key to economic recovery

Almost three out of every five (58%) of businesses in Ireland and the North reported a drop in turnover in the second quarter of 2009, according to the results of a new survey released today.

The InterTradeIreland Quarterly Business Monitor, the biggest business survey on the island of Ireland, however said trends for business outcomes and expectations indicated that the bottom of the economic downturn may have been reached.