Autumn 2010 KBC Bank Ireland / Chartered Accountants Ireland Business Sentiment Survey
20 October 2010
Autumn 2010 KBC Bank Ireland / Chartered Accountants Ireland Business Sentiment Survey
A Tale of Two Economies: Irish Business Expects Modest Growth But Confidence Sharply Lower.
Main Points
- Business levels stabilising and some small improvement expected in final quarter of 2010.
- Sharp differences continue; manufacturing and business services strengthen but construction and consumer focussed companies still weakening.
- Job cuts continue at a modest pace while costs fall further.
- Dramatic decline in business sentiment towards Irish economic outlook.
- Budget and banking problems expected to raise uncertainty further and weaken demand.
- Slight majority of businesses in favour of tougher budget.
- Widely different opinions on whether early election would help or hurt.
You can download the full Autumn 2010 Briefing.
