Business confidence improved marginally in June, the South African Chamber of Commerce and Industry (SACCI) said on Tuesday. SACCI's monthly Business Confidence Index (BCI) showed that BCI improved one index point up to 86.8 in June. In the first half of the year, BCI averaged a strong 86.9 compared to 82.8 in the first half of 2010. "This improvement must be viewed in the context of weak performance in the first half of 2010. Notwithstanding the improved average level in the first half … [Read more...] about Business Confidence Slightly up in June
business confidence
Nelson Mandela Metropole Business Confidence Indicator – YTD May 2011
As highlighted in May the most recent monthly trend cycle data for the NMB BCI continues to suggest a consolidation in the rate of growth of economic activity in the Metro. While not as yet indicating a decline in the NMB BCI, the performance of key indicators such as new car sales in the Metro, the local rate of inflation and a decline in consumer confidence are beginning to suppress the performance of the index. To receive the Nelson Mandela Bay Business Confidence Index (formerly the … [Read more...] about Nelson Mandela Metropole Business Confidence Indicator – YTD May 2011
Nelson Mandela Metropole Business Confidence Indicator – YTD April 2011
The most recent monthly trend cycle data for the NMB BCI is suggesting a consolidation in the rate of growth of economic activity in the Metro. While not as yet indicating a decline in the NMB BCI, the performance of key indicators such as new car sales in the Metro and the local rate of inflation are beginning to suppress the rate of recovery in the index. To receive the Nelson Mandela Bay Business Confidence Index (formerly the Porth Elizabeth Business Confidence Index) compiled by Dr Neil … [Read more...] about Nelson Mandela Metropole Business Confidence Indicator – YTD April 2011
Business Confidence in South Africa Drops
The Business Confidence Index dipped to 86.9 in April, 1.4 points down compared to March 2011, the SA Chamber of Commerce and Industry (SACCI) said on Thursday. It said because of the decline, the BCI was only 2.7 index points higher in April 2011 than in April 2010, compared to the 5.1 points annual improvement in March this year. However, there were important reversals in April 2011 in support of business confidence. A positive monthly impact came from liquidations, manufacturing output, … [Read more...] about Business Confidence in South Africa Drops
Nelson Mandela Metropole Business Confidence Indicator – YTD March 2011
The trend cycle of the NMB BCI continues improving slowly predominantly supported by the consumption side of the economy but with more encouraging developments emerging in the manufacturing sector. To receive the Nelson Mandela Bay Business Confidence Index (formerly the Porth Elizabeth Business Confidence Index) compiled by Dr Neil Bruton of RGT Smart Ltd, contact the Nelson Mandela Bay Chamber of Business. Steady improvement in the NMB BCI over the past year and a half reflects a … [Read more...] about Nelson Mandela Metropole Business Confidence Indicator – YTD March 2011
Business Confidence up in March
The March Business Confidence Index (BCI) rose to its highest level since September at 88.3 points, the South African Chamber of Commerce and Industry (SACCI) said on Tuesday. "The BCI is 5.1 index points higher than a year ago and is at its highest level since September 2008 when the BCI stood at 89.9," said SACCI. Only two of the seven real economic activity sub-indices were positive (retail trade and building activity). "The financial environment remained conducive to a positive … [Read more...] about Business Confidence up in March
Slow and Steady Climb in Business Confidence
Business confidence in Nelson Mandela Bay is continuing to improve slowly, the latest regional economic survey shows. Of 15 indicators measured by the Port Elizabeth-based RGT Smart group on behalf of the Nelson Mandela Bay Business Chamber, seven indicators reflected improvement through January, six deteriorated, and two moved sideways. Report compiler Dr Neal Bruton said the results continued "reflecting slowly improving general economic circumstances led by an ongoing recovery in the … [Read more...] about Slow and Steady Climb in Business Confidence
