Midwest Businesses Struggle with Rising Costs | Ireland News

Midwest businesses are under severe cost pressure, with nine in ten reporting higher expenses—half seeing jumps of 10% or more. To survive, many are slashing profits, raising prices, delaying investments by 30%, scaling back expansion by 29%, and freezing hiring by 27%. Nearly half have canceled or scaled back major projects. The Limerick Chamber is calling on the government to tackle this in Budget 2027 with housing and infrastructure fixes. Yet there’s hope: 69% still plan to invest, 40% expect to hire, and only 7% foresee cuts. But looming uncertainty—felt by 77% as a threat to delivery and investor confidence, and by 60% as already dampening business activity—is casting doubt on whether these growth plans can become reality. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/49023dc2ad1a0d5b