Mixed signals for economic growth in the capital

January 2017

Mixed signals for economic growth in the capital

Consumer confidence dips despite improving business and employment indicators

The economic fallout from the tumultuous international events of 2016 continues to have direct implications for the Dublin economy, and this trend is likely to continue for the medium term at least.
Mixed economic signals have risen to the fore from a combination of domestic and external factors, and reflect an improving economy which is nevertheless facing challenges on a number of fronts.

The Capital’s labour market, which unexpectedly recorded an increase in its unemployment rate in Q2 2016, remained stable in the third quarter of the year. The unemployment rate dipped slightly QoQ, while employment levels rose by over 3,600 QoQ with strong growth rates in the industrial and construction

Read more in our January 2017 issue of the Dublin Economic Monitor.

In this edition we have a special article by Dr. William Hynes, Managing Director, Future Analytics Consulting Limited, who outlines the three year Dublin Regional Enterprise Strategy 2017-2019. There is also a special article covering Microsoft’s revolutionary new Dublin data centre.

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