10 May 2023
~2 minutes read
New publication hailed as a dashboard for how Galway’s local economy is performing
Galway bay fm newsroom – Galway road traffic volumes have surpassed pre pandemic levels, and employment in the West has reached a new peak
These facts are included in a new publication – the Galway Economic Monitor – published by Galway Chamber and Grant Thornton
The publication will be produced twice a year, and this first edition shows average daily traffic volumes in Galway are surpassing pre pandemic levels and reaching just under 93 thousand journeys per day in April
This is an 8% increase year on year, while peak morning traffic volumes were up by 2.2% over April 2022, and peak evening traffic was also up 2.3% year on year.
The new publication also shows that 8,785 people in the county were signing on in March, a 3.8% drop from the previous month.
The data further shows that 225,700 people were employed in the West in Q4 last year – a new peak for the area.
This was up 3.9% on the previous quarter and represented a jump of 11,848 on the same period the previous year.
Kenny Deery, CEO of Galway Chamber says the Economic Monitor will act as a dashboard for how Galway’s local economy is performing.
The inaugural edition is available on the Galway Chamber website galwaychamber.com