Economic Trends - Economic Trends Q2

Economic Trends - Economic Trends Q2 - 2024 https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/ en-us 09 Jul 2024 10:08:53 IST 09 Jul 2024 10:08:53 IST https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/rss.xml Newsweaver conor@corkchamber.ie (Cork Chamber of Commerce) support@newsweaver.ie (Newsweaver) 60 true Survey Results https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/jgwo2dxlbub?lang=en?rss=true The Q2 2024 Economic Trends survey of Cork Chamber members gathered insights into their experiences during April, May and June. Sponsored by PTSB, this survey provides a snapshot of business experiences and priorities ahead of the upcoming Budget 2025. 14 Apr 2022 12:00:00 IST c75cee197e9c7c302d327dbce2c9d7ca FEATURE_ARTICLE-clone-32694127-20220414-090757 The Q2 2024 Economic Trends survey of Cork Chamber members gathered insights into their experiences during April, May and June. Sponsored by PTSB, this survey provides a snapshot of business experiences and priorities ahead of the upcoming Budget 2025. Business Confidence https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/1btyhy3jh50?lang=en?rss=true Confidence in the Irish economy has declined to 72% in Q2, compared to 77% in Q1 and 85% in Q4 2023. Respondents reported housing supply (33%) as the number one reason for a lack of confidence, followed by rising business costs (17%) and speed of infrastructure delivery (14%) 05 Jul 2023 12:00:00 IST ed6e0e78412d20a2789f7a0f47dc857d ARTICLE_1_COLUMN-clone-32694128-20220414-090440   Confidence in the Irish economy has declined to 72% in Q2, compared to 77% in Q1 and 85% in Q4 2023.   Respondents reported housing supply (33%) as the number one reason for a lack of confidence, followed by rising business costs (17%) and speed of infrastructure delivery (14%) http://corkchamberofcommerce.newsweaver.ie/v3files/shard1/8881/b0/19dec440ff3cea90b17d5a.jpg Childcare provision https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/1jmny1mzxr5?lang=en?rss=true Budget 2025 will look to address critical economic priorities, amidst a backdrop of global economic uncertainty. This survey captures the sentiments and priorities of businesses regarding the potential fiscal policies. 19 Apr 2022 12:00:00 IST b598583bd1ae9a43148c55949f31dbb8 ARTICLE_1_COLUMN-clone-32694133-20220405-141712   Budget 2025 will look to address critical economic priorities, amidst a backdrop of global economic uncertainty. This survey captures the sentiments and priorities of businesses regarding the potential fiscal policies. Childcare disproportionately impacts women in the workplace http://corkchamberofcommerce.newsweaver.ie/v3files/shard1/8881/d9/4cf20642b6ce2f0dc2d17a.jpg View more budget feedback https://www.corkchamber.ie/quarterly-economic-trends/ Changes to employee numbers https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/g3o80g6se0m?lang=en?rss=true A significant portion of businesses report increased employee numbers in Q2 (36%), compared to 24% last quarter. Those experiencing a decrease in employee numbers has declined from 15% in Q1 to 10% in Q2. 54% reported that their employee numbers stayed the same over Q2. 19 Apr 2022 12:00:00 IST 77eac039166683fd3e7dede4fe704895 Two Column Articles - Hero Image A significant portion of businesses report increased employee numbers in Q2 (36%), compared to 24% last quarter. Those experiencing a decrease in employee numbers has declined from 15% in Q1 to 10% in Q2. 54% reported that their employee numbers stayed the same over Q2. http://corkchamberofcommerce.newsweaver.ie/v3files/shard1/8881/7f/d9f30db772eb4e9691b379.jpg Barriers to hiring https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/h960xe6p1ga?lang=en?rss=true Out of the 47% of respondents that have vacancies advertised, 42% are finding it difficult to fill them. Specialist skills shortages (50%) is the top barrier, followed by wage demands (21%) and housing (18%). The cost of living and challenges in obtaining work permits were also noted. 19 Apr 2022 12:00:00 IST e4677a02ef6d802f6e3b5ac23cee6746 Two Column Articles - Hero Image Out of the 47% of respondents that have vacancies advertised, 42% are finding it difficult to fill them. Specialist skills shortages (50%) is the top barrier, followed by wage demands (21%) and housing (18%). The cost of living and challenges in obtaining work permits were also noted. http://corkchamberofcommerce.newsweaver.ie/v3files/shard1/8881/7f/9a24a16fec07f9cb95473b.jpg Browse Full Results Online https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/150o64o1zxa?lang=en?rss=true View more stats and results from our latest Economic Trends, which capture a snapshot of business experiences and of the overall operating landscape at the close of Q2 2024. 19 Apr 2022 12:00:00 IST 83e3b42d95c783db4160f6f46aef62ca FEATURE_ARTICLE-clone-32694126-20220711-152607 View more stats and results from our latest Economic Trends, which capture a snapshot of business experiences and of the overall operating landscape at the close of Q2 2024. http://corkchamberofcommerce.newsweaver.ie/v3files/shard1/8881/21/35f19477904ba0adea7d13.jpg Browse results here https://www.corkchamber.ie/quarterly-economic-trends/ Charity winner https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/hzmits77g65?lang=en?rss=true Thanks to all respondents who contributed to our Economic Trends Survey. The lucky winner of a €200 voucher from one of our hospitality members this quarter is Andy Mackin, Mackin Group. 17 Jan 2023 12:00:00 GMT 0b12bcb7d67feb618627f477b2704b02 FEATURE_ARTICLE-clone-32694126-20220711-152607 Thanks to all respondents who contributed to our Economic Trends Survey. The lucky winner of a €200 voucher from one of our hospitality members this quarter is Andy Mackin, Mackin Group.