Tag Archives: confidence

Business confidence takes a hit

The BCI, which is based on the 110th round of NCAER’s Business Expectations Survey (BES), “suggests a deep and all-pervasive worsening of business sentiment”, says a statement issued by the economic think-tank.(Shutterstock) Business confidence in India has been draining continuously as the economy shudders through its worst slowdown in over a decade. The business confidence index (BCI) developed… Read More »

Global business confidence dips to multi-year low: Worrisome but hardly shocking

The global economy continues to lose steam with the rate of expansion easing to a near three-year low in May. The JP Morgan Global Composite Output Index, published by IHS Markit, fell from 52.1 in April to 51.2 in May. Output growth at service providers was the weakest since August 2016, while the trend in manufacturing production was near… Read More »

China business confidence rises again

Confidence among Chinese entrepreneurs has picked up for the second quarter running, according to the country’s central bank. People’s Bank of China surveys showed the business confidence index rising to 51.2% in the third quarter. That was 2.2 percentage points higher than in the second quarter. China’s factory output and retail sales grew faster than expected in August,… Read More »

UK’s small business confidence unharmed by Brexit vote – survey

Small businesses in Britain remain confident about the economic and political landscape following the historic vote in June to leave the European Union, according to a survey by research firm BDRC Continental. Early responses from a third quarter survey of 4,500 small and medium-sized companies (SMEs) show little sign of any drop in confidence according to BDRC. A… Read More »