Conor Lambe News Today

An Ulster Bank survey shows there is growth across all sectors in the survey, except construction.

Northern Ireland was second only to London in business activity acceleration last month, and led 12 UK regions in job creation, according to an Ulster Bank report.

THE north’s economy will still contract in 2023 - but the fall in annual economic output is expected to be smaller, according to Danske Bank's latest quarterly sectoral forecasts for the region.

Latest NI Quarterly Sectoral Forecasts Published

Despite a slight improvement at the end of 2022, consumer confidence is still lower than in 2021.

A Northern Ireland recession is likely on the cards, according to the latest forecasts from Danske Bank.

The employment rate - the proportion of people aged 16 to 64 who are in work- increased to 71.3%.

Northern Ireland’s economy is likely to experience a period of recession as a result of a combination of factors including high inflation, low consumer confidence and tighter monetary policy, according to the latest forecasts from Danske Bank.

Latest Consumer Figures Published By Danske Bank

Danske Bank's consumer survey finds more than half of the respondents feel worse off than a year ago.