'Booming' Irish factories boost hopes for jobless rate and exchequer tax revenues      

Kieran McQuinn, research professor at the ERSI. Picture: Sasko Lazarov/Photocall Ireland

Evidence is growing that Ireland's economy is set to benefit from a huge surge in the US, suggesting that a significant rise in Government tax revenues and a fall in the jobless rate will not be far off, senior economists have said.

The hopes come as an authoritative survey shows Irish manufacturing started to boom in recent weeks and is struggling to keep up with global demand sparked by the US stimulus cheques of President Joe Biden.