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Will Pairc Ui Chaoimh lead to a 12.5 million injection of Cash per Event for the Local Economy? Is t

Various Irish media outlets reported that the quarter final hurling matches recently held in Pairc Ui Chaoimh will generate a cash injection for the local economy of 25 million (12.5 million per event). Economic impact analysis is generally done by estimating attendance at sporting events, surveying a sample of spectators as to their spending associated with the game, and then applying an economic multiplier to account for money circulating through the economy after the initial round of spending. To put this in context, the 12.5 million per event claim would be a local multiplier benefit of 278 euros per spectator (directly and indirectly) attending Pairc Ui Chaoimh. Did you attend either o

We Need the Buzz of People Not Cars in Downtown Carrigaline

Teagasc published a report in 2014 that ranked towns in Ireland on their economic strength using an index based on unemployment rates and inward migration figures. Carrigaline was identified as one of the worst performing towns in the Cork area. 31 other towns in Cork had a higher ‘strength index’ with only Macroom, Dunmanway, Youghal, Buttevant, Mitchelstown, Bandon and Fermoy identified as being in a worse position. We can gauge from this that Carrigaline businesses have come through a very testing decade of weak consumer demand. Presently, the economy is recovering with economic growth likely to hit 6 per cent this year and with unemployment falling to only 6 per cent. This means Carrigal

Cork, Ireland

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