I told someone during the week that the best bit of good news we've had in a while was the ESRI's gloomier than thou forecast. To my mind, the ESRI is always the last to forecast a downward or an upward swing. They basically missed the Celtic Tiger - I think it was two years after the phrase "Celtic Tiger" was invented before the ESRI took its first tentative steps along the "there may be good days ahead" path.
So, this week when they went for the full throttle depression-level forecast I figured we'd hit bottom. And, the figures published yesterday that indicate a very slight possible change in our fortunes may be the beginning of the ESRi affect.
