Friday, July 24, 2009

A Hesitant Recovery

The latest Economic Recovery Index for July from my company shows a marked worsening in the general public's perceptions of the economy's prospects.

The percentage who feel that 'the economic situation in Ireland is getting worse' jumped especially among 35-49s and higher social class groups (ABC1s in the jargon).

Maybe it's just the weather (June's Index was much better) - or the daily feed of doom and gloom in relation to the McCarthy Report etc.

Download here or view below:


  1. Possible that all the cheerful ones have gone on holiday though Snip commentary is a plausible explanation for the relatively minor decline.

  2. It'll get worse before it gets better. Think property tax, Commission on Taxation report. Kicking in of school cuts & other cuts. The next budget. Danger is death by a thousand cuts


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