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Economic Outlook

Economic Outlook. An Bord Bia Annual Food and Drinks Industry Day November 05, 2009. Austin Hughes, KBC Bank. It’s Not the Great Depression… But It’s Close. Normal Service Resumed?. Wealth Destruction Will Restrain Recovery. Credit Still Crunched. US Economy Is Turning.

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Economic Outlook

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  1. Economic Outlook An Bord Bia Annual Food and Drinks Industry Day November 05, 2009 Austin Hughes, KBC Bank

  2. It’s Not the Great Depression… But It’s Close

  3. Normal Service Resumed?

  4. Wealth Destruction Will Restrain Recovery

  5. Credit Still Crunched

  6. US Economy Is Turning

  7. A Bumpy Road Lies Ahead In Europe

  8. Out of Balance

  9. The Other Side Of The Coin

  10. So What About Ireland?

  11. Irish Jobs Market Has Changed Dramatically Right hand side Left hand side

  12. A Paler Shade Of Grey

  13. House Prices and Building Still Sliding

  14. Budget Worries Persist

  15. Irish Consumers Slightly Less Gloomy

  16. Poorer Sentiment Has Hit Spending

  17. Diagram 4: Turning to the broader Irish economy, how do you feel compared to three months ago? Increased Decreased

  18. Diagram 1: Apart from normal seasonal patterns, how has your company's level of business changed in the past three months? Increased Decreased

  19. Diagram 2: Apart from the normal seasonal patterns of the next three months, do you expect your company's level of business activity to? Increase Decrease

  20. Commodities Still Say The World Is Changing

  21. Where Next For Food Prices?

  22. Summary • The recession is over • The hangover will persist • Recovery will be bumpy • Confidence and costs hold the key

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