73% of Irish mid-sized businesses' growth confidence declines, citing labour costs and economic uncertainty as key factors, while 67% plan to invest in technology.

Irish mid-sized businesses' confidence in growth has declined, with 73% confident about their trajectory in the next year, down from 78% previously. Labour costs and economic uncertainty are key factors affecting confidence. Despite this, 3 in 5 firms expect increased profits and revenues, and 67% plan to invest in technology. Hiring plans have dropped, with only 41% expecting to recruit this year, and 33% citing economic uncertainty as a concern.

April 07, 2024
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