The growth outlook for the Irish economy remains optimistic for 2016 and 2017 with growth forecasts of 3.8 and 3.6 per cent respectively. Domestic sources continue to be the driving force of growth with investment and consumption set to make strong positive contributions to GDP over the forecast period. Increased activity in the construction sector is impacting both investment and consumption, as higher levels of residential and commercial supply increase investment and higher rents lead to higher levels of consumption.
The ESRI works towards a national vision of ‘Informed policy for a better Ireland’. This means producing high-quality analysis to provide robust evidence for policymaking, with the goals of research excellence and policy impact.
The ESRI produces research that contributes to understanding economic and social change in the new international context and that informs public policymaking and civil society in Ireland.