Thu 03 Mar 2007Economy slows down as housing, exports declineSignals of a slowdown in the economy emerged yesterday with the
release of figures which showed a drop for the first time in new
house starts and a slide in exports.The number of new houses built in the last quarter of 2006 fell
for the first time in 10 years, according to figures released by
the Central Statistics Office (CSO). Separate figures showed that
the economy's export performance worsened severely in the same
period.