<P> In September 2008 , Ireland became the first eurozone country to officially enter recession . The recession was confirmed by figures from the Central Statistics Office showing the bursting of the property bubble and a collapse in consumer spending that terminated the boom that was the Celtic Tiger . The figures show the gross domestic product ( GDP ) , which measures the value of all the goods and services produced in the State , fell 0.8 % in the second three months of 2008 compared with the same quarter of 2007 . That was the second successive quarter of negative economic growth , which is the definition of a recession . The Celtic Tiger was declared dead by October 2008 </P>
<P> In September 2008 , Ireland became the first eurozone country to officially enter recession . The recession was confirmed by figures from the Central Statistics Office showing the bursting of the property bubble and a collapse in consumer spending that terminated the boom that was the Celtic Tiger . The figures show the gross domestic product ( GDP ) , which measures the value of all the goods and services produced in the State , fell 0.8 % in the second three months of 2008 compared with the same quarter of 2007 . That was the second successive quarter of negative economic growth , which is the definition of a recession . The Celtic Tiger was declared dead by October 2008 </P>
when did the celtic tiger end in ireland
when did the celtic tiger end in ireland
by October 2008
by October 2008