Ireland’s Economy Skyrockets as US Tariff Fears Fizzle – Goodbody Says “Fog Is Lifting”
In-depth, Goodbody’s Irish Economic Health Check portrays a surprisingly robust outlook. Chief Economist Dermot O’Leary emphasizes Ireland’s strong labour market and surging consumer spending. Goodbody now forecasts 3.6% MDD growth in 2025, with 2026 at 3.2% and 2027 at 2.9%. O’Leary says “ongoing strength in the labour market, aided by buoyant population growth, is playing an important role in consumer spending”. These upgrades more than offset softer foreign investment trends: he notes IDA-supported job announcements have slowed, partly because US firms are shifting emphasis back home.
