Davy Stockbrokers says in a July 2006 report that it is highly likely that that the pace of growth of the Irish economy will slow in the later years of this decade. After 2007, consumer spending growth will be impacted by the withdrawal of the SSIA stimulus and the long-anticipated peak in the housing market may finally have occurred. Davy says that it is difficult to see what sectors could replace this loss of momentum.
Excellent article by Michael Hennigan, Editor and Founder of Finfacts
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