Chamber survey shows business confidence has rebounded

Cork Chamber President Paula Cogan: "This is a remarkable recovery in sentiment and a heartening insight into the resilience and determination of the Cork business community." Picture Darragh Kane

There was a resurgence in business confidence in Cork in the second quarter of 2020 as businesses navigated the uncertainty of the Covid-19 public health emergency.

According to Cork Chamber's second economic trends survey, business confidence increased to 73% from 54% in the first quarter. Of those surveyed, 73% reported a decrease in turnover and 14% increased employee numbers.