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Business Pulse

Business Pulse

March 2019

At 91.1 in March 2019, the Business Pulse was down 2.1 on last month and 5.7 lower than a year ago. All four sector Pulses lost ground this month, with firms in industry, services and construction reporting softer order books and retailers taking a dim view of the recent trading period. More positively, the March survey finds that three in ten businesses expect to increase their investment spending this year compared to last year, with replacing and maintaining plant and equipment the main area of focus. Uncertainty remains a drag however and with clarity about Brexit still lacking, 58% of firms impacted by the UK’s decision to leave the EU indicated that they have pressed the pause button on their investment plans for 2019.

Business Pulse

March 2019

Key Points

  • Business Pulse down in March
  • All sectors ease back
  • Three in ten firms to invest more in 2019

Business Pulse

March 2019

Business Pulse

March 2019

91.1

-2.1 on previous index reading

Business Pulse

March 2019

”While investment is on the cards for this year, Brexit-related uncertainty has led some firms to adopt a ‘wait and see’ approach to decisions.”

Dr Loretta O’Sullivan
Group Chief Economist
Bank of Ireland

Business Pulse

March 2019

Sector Snapshot

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