10/09/2003

NI business confidence on increase

Business confidence is on the increase, a new survey by CBI Northern Ireland has revealed.

Published on Wednesday, the CBI Northern Ireland Business Confidence Survey showed that employment indicators continue to remain positive. However, the manufacturing sector reported a continued fall in confidence.

CBI Northern Ireland Director, Nigel Smyth said that increased costs of doing business in Northern Ireland was a major worry across all sectors, but that he was particularly encouraged by the growth in export performance, as this would be the driving force for future sustainable economic growth.

Funded by its member companies, CBI the main lobbying body for business in the UK.

(MB)

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