My name is Conor Lambe and I am the Economist at Danske Bank. I am responsible for the Bank’s economic research and forecasts, write regular opinion pieces for the Northern Irish media and frequently speak at local business events.
Economic research is a useful tool for many businesses. It can help you to understand what is driving recent trends in the economy, whether these trends are likely to continue, and what the implications of these trends could be for you.
In this section I will provide a number of updates, these include:
Conor Lambe (Economist at Danske Bank)
Quarterly Sectoral Forecasts
This report explains how we think the economy will perform over the next two years, which sectors are projected to grow the fastest and our expectations for the labour market over the short-term. For small businesses, this information can be a useful input when planning for the next couple of years.
Consumer Confidence Index
This tracks how confident consumers are about, for example, their future finances, their job security and the amount they plan to spend on high value items in the year ahead. Many small businesses sell directly to households, so it is important that they have some insight into how consumers are feeling.
Quarterly Economic Overview
This provides an in-depth look at the UK and Northern Ireland economies and examines recent movements in indicators such as economic output, inflation, employment levels, unemployment rates and house prices. This provides small businesses with a useful snapshot of the economic and business environment.
One of these reports will be published on the hub each month and I would encourage you to take time to digest the content and think about how it relates to your business and your plans for future growth.