McQuinn, Kieran and O'Toole, Conor and Economides, Philip and Monteiro, Teresa (2018) Quarterly Economic Commentary, Summer 2018. [Working Paper]
Abstract
With both domestic and external sources of growth registering significant increases, the Irish economy is on course to experience another robust performance in 2018. While the rate of decline in unemployment has slowed marginally over the past six months, the underlying trends in taxation receipts and overall consumer and producer sentiment indicate strong growth in 2018 and 2019. Unemployment is still set to fall below 5 per cent in 2019 with employment likely to exceed 2.3 million in the same year – some 70,000 more people employed than at the peak of the Celtic Tiger period in Q4 2007.
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