Business mood improves, consumer sentiment drops

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 61%

United States News News

United States United States Latest News,United States United States Headlines

The mood among businesses improved in February, while consumer sentiment dropped, according to the latest Economic Pulse survey from Bank of Ireland.

However, the findings reveal that consumers are less optimistic about their finances.This index combines the results of the Consumer and Business Pulses.

"It’s encouraging to see the Economic Pulse up for a second consecutive month in 2022 and also back above its pre-pandemic reading," said Dr Loretta O'Sullivan, Group Chief Economist for Bank of Ireland. With Covid-19 restrictions more or less fully removed, firms in all four sectors were more upbeat about near-term prospects for business activity - although elevated costs remain a concern.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines