Nearly three quarters of Clonmel retailers expect to see their sales improve this year while over half believe the economy in turning around.
A Clonmel Chamber survey also found a positive response to Christmas trading but without any ‘big bang’.
The chamber has welcomed the findings and what it describes as a welcome positivity.
The release of the latest Clonmel Chamber Quarterly Economic Survey shows a continued improvement in the local economy according to the local business group.
The survey covered the October 1 to December 31, 2014 period and encompassed the important Christmas retail season.
It was completed by over 270 business people locally from companies of all sizes across all industry sectors.
“It is very heartening to see positivity like this after a prolonged period of operating in a difficult environment” said Chamber CEO Brian Cleary.
He added - “73% of the business people that we surveyed believe that their turnover will increase this year while over 50% believe that the economy is turning around.
“The final quarter of the year is a critical one for businesses. Our survey respondents told us that while there was no ‘big bang’ in terms of the Christmas sales period kicking off that there was a sustained period of positivity, particularly in the retail and hospitality sectors” he added.
The report also captured the mood of business people at a time when water protests were dominating the media agenda.
He said - “While positivity continues to spread it must be noted that national events have impacted on the upturn and have caused concern to business people completing our survey. The final set of results from 2014 shows that business people were operating in a better commercial environment. While their circumstances had improved, it would be foolish to believe that the days of recession are behind us. The results, when read alongside the third quarter report, demonstrate that the economy is beginning to turn around. “National issues brought water charges back to the minds of respondents and many regarde it as an issue of concern”