29% reported an increase in employee numbers this quarter, while 45% predict an increase in employee numbers over the next 12 months, an increase on recent surveys. 
 
 
 

Of the 50% of respondents with vacancies currently advertised, 41% report difficulties filling these roles. Specialist skills shortages remain the top barrier, increasing from a low of 46% in Q2 2025 to 66% in this quarter.
 
 

78% of respondents expressed confidence in the Irish economy in Q1 2026. 

 

Of the 22% who cited a lack of confidence in the Irish economy, geopolitical concerns, rising business costs and housing supply were the top concerns.
 

 

Business competitiveness measures, across costs, regulation and enterprise supports, emerged as the top priority for respondents when it comes to Budget 2027. 

 

Respondents cited investments in infrastructure and connectivity as the most important consideration for Ireland's overall economic competitiveness in the upcoming budget. 
 

 

95% of respondents believe that additional government support is needed in Budget 2027 to support the delivery of key infrastructural, transport and housing projects for Cork.
 

 

 

 

 

The Q1 2026 Economic Trends survey of Cork Chamber members gathered insights into their experiences of doing business across January, February and March 2026.

 

Sponsored by PTSB, this edition of the Economic Trends survey also sought members’ views on key business priorities ahead of Budget 2027.

 
 
Thanks to all respondents who contributed to our Economic Trends Survey. The lucky winner of a €200 OptionsCard digital gift card this quarter is Sadhbh Warren, Red Rock Writing.

 
 
 

View more stats and results from our latest Economic Trends, which captures a snapshot of business experiences and of the overall operating landscape at the close of Q1 2026.