| Click for the Finfacts Ireland Portal Homepage |

Finfacts Business News Centre

Home 
 
 News
 Irish
 Irish Economy
 EU Economy
 US Economy
 UK Economy
 Global Economy
 International
 Property
 Innovation
 
 Analysis/Comment
 
 Asia Economy

RSS FEED


How to use our RSS feed

Follow Finfacts on Twitter

 
Web Finfacts

See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactive Tools upgraded to a new content management system.

Welcome

Finfacts is Ireland's leading business information site and you are in its business news section.

Links

Finfacts Homepage

Irish Share Prices

Euribor Daily Rates

Irish Economy

Global Income Per Capita

Global Cost of Living

Irish Tax - Income/Corporate

Global News

Bloomberg News

CNN Money

Cnet Tech News

Newspapers

Irish Independent

Irish Times

Irish Examiner

New York Times

Financial Times

Technology News

 

Feedback

 

Content Management by interactivetools.com.

News : Irish Economy Last Updated: Nov 11, 2013 - 5:19 AM


Irish business confidence in sharp rise
By Finfacts Team
Nov 11, 2013 - 2:16 AM

Email this article
 Printer friendly page

IBEC, the business lobby group, reports today in its Business Sentiment Survey for Q3 2013, a sharp rise in confidence. Additionally, firms' expectations for the next three months have grown faster than current business confidence, both in their own firms and the economy as a whole, signalling improving prospects driven by expectations of increased sales, a growing customer base and higher profitability.

The research predated Budget 2014, and IBEC says feedback from business suggests that the recent budget will have a positive rather than negative impact on business conditions.

Fergal O'Brien, head of policy and chief economist, commented: "Economic indicators are positive as we prepare to exit the Troika bailout programme. In addition to improved business confidence several other indicators are encouraging for growth in the third quarter. Firms expectations were positive across all measures, bar unit selling price. Domestic sales expectations over the next three months are in their third consecutive quarter of positive territory and expectations for export sales recovered to +37 after a marginal decrease to +31 in the previous quarter."

"This is the strongest set of sentiment data we have seen since we started the survey in 2009. It shows that business conditions are steadily improving and points towards solid economic growth over the coming quarters. Recent indicators have also pointed to an improvement in the mood of consumers. It's good to have the budget over with earlier in the year and we should enter 2014 in a significantly stronger position than recent years. The weak performance of the wider European economy, however, remains a concern."

The sample is said to comprise about 400 companies.

Check out our subscription service, Finfacts Premium , at a low annual charge of €25

Related Articles
403 Forbidden

Forbidden

Execute access is denied.


© Copyright 2011 by Finfacts.com

Top of Page

Irish Economy
Latest Headlines
Irish Economy: ESRI says recovery remains strong; Warns about vote-buying Budget
Burton in Boston begs Berlin to back Budget election bust
Dell hugely benefited from Irish, Dutch, Singaporean tax havens
Ireland: Cash outflows of €20bn in crisis years 2010/11 remain unexplained
Irish GDP up 4.8% in 2014, GNP up 5.2%; Goods exports up 23% on tax deals
Ireland: Financial services 'strategy' a menu of 30 steps; 24,000 or 35,000 jobs?
Irish industrial production fell slightly in January
US study on FDI into Ireland flawed; Ambassador says "incredible"
Irish pensions funds performed strongly in February
Irish Live Register + activation numbers at 440,680 in February; Broad jobless rate at 20%
Growth of Irish service sector slowed in February but remained sharp
Irish tax revenue to end-February 2015 up €345m on budget target
Irish manufacturing PMI highest in February since 1999 - maybe a fairytale?
Low pay and high pay in Ireland
Irish Economy 2015: Retail sales volume up 8.8% in 12 months to January
Irish Economy: Only 8% of 90,000 jobs added in 2013/14 in Industry/ ICT sectors
Irish economy adds 29,000 jobs in 2014; Labour force down 10,500; Broad jobless rate 19%
Ireland: Only 3% of Irish SMEs are active in manufacturing - Part 2
Benchmarking Irish food & drinks industry in 2015 - Part 1
Irish Economy: Davy looks at political risks to economic recovery
Irish overseas 'contract manufacturing' mainly tax avoidance
Ireland 2016: "Best small country in the world" for business? - a FAIL
Irish Boom & Bust: Could conventional wisdom be fooled again?
Benchmarking income tax to attract Irish emigrants home - spin or substance?
Irish pension managed funds began 2015 with strength
Irish per capita net worth at €124,523 in Q3 2014; household debt at €34,846; Earnings €35,830
Wild swings as Irish industrial production plunges 12.7% in December 2014
Ireland: McKinsey not as sanguine as Noonan on debt sustainability
Irish Economy 2015: January Live Register + schemes at 446,000 - broad jobless rate at 21%
Irish services activity rose 4.1% in 2014; PMI increased in January 2015
Irish Economy 2015: Strong Christmas sales reflected in January Exchequer returns
Irish Economy 2015: Central Bank and Moody's forecast similar growth levels this year
Irish new car registrations in January 2015 up 31%
Irish manufacturing PMI rises into 2015; May include overseas "contract" bookings
Irish Economy: IMF expects GDP rise of 3¼% in 2015; Warns of distortions
Scotch whisky exports at £3.9bn; Irish whiskey exports at €365m
UK productivity falls; Ireland's apprenticeship system remains a shambles - Part 2
UK, Ireland talk up full employment; Focus on quantity not quality - Part 1
Ireland: Government explains how it understates recession job losses
Ireland: Government's spin and lies damage the economy