Growth in the economy appears to have slowed in the second quarter of 2022 and businesses confidence is weakening, a new NIChamber and BDONI survey suggests
Growth in the economy appears to have slowed in the second quarter of 2022 and businesses confidence is weakening, a new survey suggests.
Just over 50% of businesses still expect turnover to grow in the next 12 months but that compares to 70% in the final quarter of 2021 and 60% in the first quarter of 2022. The latest results suggest continuing adaptation: 43% of respondents said they had "adapted well", up from 33% in the same period last year.
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