Economics
Irish economy ‘at a turning point’ – Ibec
Consumer spending and investment ease as economic slowdown looms
A slowdown has begun in some parts of Ireland’s economy, where growth in consumer spending and investment has eased, according to Ibec, the employer’s group.
“The Irish economy is at a turning point,” said Gerard Brady, head of national policy and chief economist at Ibec. “As a small open economy, shifts in the flow of capital through the global economy and slowdowns in our major trading partners can have an outsized impact on our growth ...