Archive

DKM are delighted to host the 69^thEUROCONSTRUCT Conference - a leading international event - in Dublin on 24^th and 25^th June 2010.

French and German versions of the conference programme are now available.

Programme en français (French version)
Programm in Deutsch (German version)

Click here to download (English version)

Continuous Professional Development Certificates of Attendance will be available for those wishing to record their hours under the regulations of various professional bodies.

Click here to access the programme for the 69th Euroconstruct Conference, to be held in Dublin on 24th & 25th June 2010.

Construction hits a record low in 2009 as few indicators show signs of having bottomed out.

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The 69th EUROCONSTRUCT Conference will be held in Dublin on 24th and 25th June 2010.

Please click here for further information

DKM is expanding and currently has openings in the following positions:

• Senior Economist/Consultant
• Economic Consultant/Econometrician

Please click here for further information

On 21 January 2010, the Tánaiste and Minister for Enterprise, Trade and Employment, Ms. Mary Coughlan, T.D., appointed DKM Director Annette Hughes to the new board to FÁS.

Annette is delighted to have been nominated and looks forward to assisting the Director-General and the other board members in addressing the challenges which lie ahead for FÁS and rebuilding the reputation of the organisation going forward.

FÁS is Ireland’s Employment and Training Agency.

Delegates at the 68th Euroconstruct Conference held in Zurich on 27th November were informed that 2009 was the worst year for the construction market in the Euroconstruct Area in more than ten
years, with the volume of output expected to decline by 8.4%.

Download press release here

The EBS / DKM Affordability Index shows that by December 2009, First Time Buyer monthly repayments will have fallen by €513 since July 2008 (on a national basis) - roughly 43%. However, negative equity fears and oversupply remain a concern.

Download EBS/DKM Affordability Index

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Latest indicators suggest that the construction recession has intensified over recent months.

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Today, DKM Economic Consultants released the September 2009 issue of Economy Watch.

DKM’s Snapshot of Economic Forecasts gives a concise but comprehensive outlook for the Irish economy based on the latest predictions from 15 leading sources, both Irish and key international bodies such as the IMF, EU and OECD.

This September edition of Economy Watch contains a special article on NAMA from our chairman, Brendan Dowling, which assesses the likely impacts of NAMA and considers whether alternative approaches can achieve NAMA’s aims at lower cost to the taxpayer.

Click here to register for free to access Economy Watch.

Click here to access the press release.

A report entitled Shannon LNG – Economic Benefits to the Irish Economy by DKM Economic Consultants has recently been made available to the public domain. This report, which was commissioned by Shannon LNG, assesses the socio economic benefits to Ireland of the proposed Shannon LNG terminal between Tarbert and Ballylongford on the Shannon estuary.

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Affordability - at 14% - is back to the levels of the mid-nineties.

The EBS / DKM Affordability Index shows that affordability for first time buyers continues to improve and that this trend is set to persist, despite reductions in incomes.

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The sharp and painful adjustment continues as industry faces its most severe contraction in thirty years....

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Delegates at the Euroconstruct Conference in Warsaw were informed last Friday that there would be no recovery in construction output in Western Europe until 2011.

For further information, please see the press release.

DKM can provide summary and detailed country reports with construction and economic forecasts for the 19 Euroconstruct member countries. Please click here for further information.

A Preliminary Construction Forecast for 2009 has been prepared for Department of the Environment, Heritage and Local Government.

Click here to access report

This report has a vision to save 70,000 jobs over the next three years, maintain highly skilled productive resources in Ireland and deliver necessary infrastructure at excellent value for money for the public benefit, with minimal additional State borrowings

Click here to access the report.

Brendan Dowling, chairman of DKM Economic Consultants, says there has to be a clear path to reducing borrowing in the Budget, but deciding on measures to generate employment will be difficult.

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Today, DKM Economic Consultants released the March 2009 issue of Economy Watch.

For 2009, the DKM Snapshot predicts GNP will contract by 6%, with recent forecasts as low as -8% for GNP this year.

This issue of Economy Watch focuses on the deteriorating domestic situation, the challenges to be faced in the forthcoming April Budget and the difficulties in the banking system.

Click here to register for free to access Economy Watch.

Click here to access the press release.

A prolonged run of dismal performances by all construction indicators with no sign of a recovery anytime soon

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A report entitled Economic Importance of Engineers in Ireland by DKM Economic Consultants on behalf of the Engineers Ireland has been published recently. This report highlights the importance and contribution of engineers to the economy of the island of Ireland. It provides a profile of the engineering profession and it also presents, inter alia, an outlook for engineers in Ireland to 2020.

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Delegates at the Euroconstruct conference in Brussels last Friday were informed that there would be no recovery in construction output in Western Europe until 2011.

Comprising 19 Western, Central and Eastern European countries, the total volume of construction output across the Euroconstruct region is forecast to decline by 4.3% next year, following an estimated decline of 2.5% this year. Output is expected to stabilise in 2010 with a gradual recovery in 2011 (+2.2%).

Download Order Form for Euroconstruct Reports

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This report was prepared for Dublin City Council by a consorium led by DKM Economic Consultants.

The study considers the influences and effects Croke Park has on the immediate surroundings and the wider city. It assesses whether the stadium is functioning in the widest sense to the optimal benefit of Dublin's citizens, in particular those in the immediate catchment.

Based on both quantitative and qualitative research, this study developed a set of recommendations for optimising the relationships between the various stakeholders of Croke Park.

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Issue 15 of the Construction Indicators (November 2008) is now available to download.

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EBS/DKM Housing Affordability Index continues to show an improvement for first time buyers.

A first time buyer couple can save €2,600 when purchasing a home now compared with 2 years ago.

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DKM Economic Consultants has released the third issue of Economy Watch.

On average, GNP growth forecasts for 2009 in the unique Snapshot of Irish Economic Forecasts have fallen 5 percentages point since the July Issue.

This issue of Economy Watch focuses on the serious contraction in the Irish construction industry and the domestic impacts of the global credit crisis.

This is the final issue to be available in hard copy. From 2009, Economy Watch will be
available to those who register for free.

Download the November 2008 issue of Economy Watch here

Download the Press Release here

A report entitled Economic Assessment of a Regulated Casino Gaming Sector: Ireland 2008-2020 by DKM Economic Consultants on behalf of the Gaming & Leisure Association of Ireland has been published today. This report assesses the economic benefits that could flow from a properly regulated land-based and online casino gaming sector in Ireland.

Download the report here

DKM Economic Consultants has released the second issue of our quarterly Economy Watch.

On average, GNP growth forecasts in the unique Snapshot of Irish Economic Forecasts have fallen a full percentage point since the Spring Issue.

This issue of Economy Watch focuses on the private construction downturn and the impact
of the continuing oil price shock on the Irish economy.

Download the Summer 2008 issue of Economy Watch here

Download the Press Release here

Friday 13th June 2008:

Delegates at the Euroconstruct conference in Rome today will be informed of a further deterioration in the prospects for construction output across the Euroconstruct Region compared with the forecasts presented at the last conference just seven months ago.

The Summary Report of all papers read at the Euroconstruct conference and the All Countries Report containing detailed analyses and forecasts for the construction sector of each of the 19 member countries, can be ordered from DKM Economic Consultants.

Download Order Form for Euroconstruct Reports

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Issue 13 of the Construction Indicators (May 2008) is now available to download

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EBS/DKM Housing Affordability Index continues to show an improvement.

Our analysis of renting versus buying shows a couple is better off buying today rather than renting if they retain their property for more than three years, even after allowing for a 10% reduction in average house prices over the course of 2008.

Download Irish Property Buyer Article

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Today, DKM Economic Consultants publishes the first issue of Economy Watch - a Snapshot of Irish Economic Forecasts.

This unique Snapshot of Irish Economic Forecasts gives a concise but comprehensive outlook for the Irish economy based on the latest predictions from 13 leading sources, both Irish and key international bodies such as the IMF, EU and OECD.

Download the first issue of Economy Watch here

Download the Press Release here

Stability in the Housing Market is Good News for First-Time Buyers' Affordability.

By December the average first time buyer working couple in Ireland was spending 22.6% of their net income on mortgage repayments, compared with 26.4% a year ago.

Download Irish Property Buyer article

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Issue 11 of the Construction Indicators report (November 2007), compiled by DKM on behalf of the Department of Environment, Heritage and Local Government, is now available to download.

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The Department of Environment, Heritage & Local Government has reappointed DKM to prepare a series of reports, including the annual Construction Review & Outlook over the period 2007-2009 on the performance and output of the construction industry.

DKM Economic Consultants, one of Ireland's leading economic consultancies, has opened its new offices at 6 Grand Canal Wharf, South Dock Road, in the fast-growing district of Ringsend, Dublin 4.

DKM Economic Consultants, one of Ireland's leading economic consultancies, has been acquired from Davy, Ireland's leading broker, by two of its principals, Annette Hughes and John Lawlor. The acquisition was aided by Brendan Dowling, a former partner at Davy, who was instrumental in establishing DKM. He will take up a position of director in the company.