Are We There Yet?

NAMA Wine Lake poses the question we'd all like the answer to: is the economy recovering? Having reviewed all available contemporary measures, his answer is, unfortunately, no.

My own company's monthly 'mood of the nation' tracker for May 2012, reaches a fairly similar conclusion - the percentage of Irish people who are optimistic about recovery because of 'news from other countries' has fallen back to among the lowest levels since 2009 (slide 8):

Amarach Economic Recovery Index May 2012

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Think I'll just listen to my iPod from now on...