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It's amazing what a pat on the back can achieve

Is it possible? Could there be a story concerning the economy that could be spun in a positive way?

It appears so, though we won't get too carried away quite yet. Consumers remained pessimistic about their household finances in October, but their outlook for the economy has improved fractionally, according to the latest KBC Bank/ESRI Consumer Sentiment Index.

Apparently the various pats on the back we've been getting from other countries about how well we've been doing is making us feel better about the state of the country's bank account.

The slight positivity is reassuring considering we're just weeks away from yet another harsh Budget. So, Mr Noonan, please don't spoil the pre-Christmas cheer too much.

Indo Business