The latest Credit Crunch Tracking Report from RED C shows that consumer outlook for the Irish economy is at its highest level since the onset of the recession – possibly driven by expectations of a deal on Ireland’s bank debt.

Yet, consumers continue to be reluctant to increase spending, especially on socialising and consumer goods while we see slightly higher spend intentions for groceries and holidays. The outlook for the housing market remains unchanged with more consumers feeling it will fare worse over the next 6 months than consumers feeling it will improve.

As a nation, we remains as happy as we were a year ago.

Download the latest report of the RED C Credit Crunch Tracking here:
adobeRED C – Credit Crunch Tracking – January 2013