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
pebci
PEBCI Reflecting Slow Growth Momentum
The trend cycle of the (Nelson Mandela Metropole Business Confidence Indicator) PEBCI for the year to date December 2010, continues improving slowly in line with relatively subdued economic growth during the second and third quarters of 2010, with national GDP growth registering 2.8 percent and 2.6 percent respectively in each of these quarters. Support for the economy and the PEBCI in 2010 was provided by sound growth in household disposable income during the first three quarters of the … [Read more...] about PEBCI Reflecting Slow Growth Momentum
