InterTradeIreland Quarterly Business Monitor 2018 Q2

Published on 5th August 2018
PDF, 337 KB, 3rd August 2018

The latest quarterly InterTradeIreland All-Island Business Monitor Report AIBM (April-June 2018) shows that the number of firms across the island reporting growth remains high, and in fact, is at the highest level since 2011 (46%).

However, once you dig behind this top-line figure, the economic picture becomes much more complex with significant challenges on the horizon and mixed sentiment across sectors.

As expected in a competitive market there are winner and losers, and it’s not surprising to see increases at both extremes of the spectrum with more firms growing or declining.

Key Information

  • Economic landscape remains very competitive. More firms are growing but more are also declining
  • Main challenges facing businesses are energy and overhead costs
  • Number of SMES putting measures in place to engage with planning process around Brexit goes up and now stands at close to 20%

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