Rural people less confident in the economy

Rural people have less confidence in the economy than their urban counterparts, according to a recent survey by according to the latest Behaviour & Attitudes consumer survey.

In general Irish people are more confident in the economy looking ahead than they have been at any time since the boom years.

The number of adults agreeing that the economy will improve during the oncoming year has risen by 6% points to 33% overall vs. the same period last year. Just one in four (26%) feel that the economy will be worse off in one years’, down -8% points vs. February 2014.

However, while confidence soars in Dublin reaching a post-recession high March 2015, rural people are must less enthusiastic about the direction of the economy.

The gap in sentiment between Dublin and Outside Dublin has widened, which highlighting a potential two-tier, possibly staged, recovery.

On a good note, the survey results both have remained in positive territory for the fourth wave in a row.

Luke Reaper Deputy Managing Director of Behaviour & Attitudes) said at a macro level, people have sustained confidence in our economic progress and are more positive about the country’s future.

“However, consumers are not yet feeling this recovery in their ‘pockets’, which is impacting consumer spending. Clearly certain sectors of our society are still struggling financially.

“In addition, Dubliners have a greater sense of momentum, with the challenge being outside, especially in rural areas,” he said.

Comments

Please be considerate of others when commenting. All comments posted are subject to our commenting policy. Comments violating this policy will be removed without notice.