The current indicator level is the second lowest since December 2003.
In an article published in prensalibre.com, Leonel Díaz wrote that "85.7 percent of the analysts felt that the economy would not improve in six months, and 57.1 percent believe it is a bad time to invest in the country."
Given the current economic climate, distrust and pessimism has taken over Central American Business.
El Salvador published on its website: "While there are very particular circumstances in each country, a very promising future is not foreseen. One of the things that hinder economic development is the decline in credit and sales which has resulted in job losses.
The Ninth Edition of the Deloitte Business Barometer shows a deterioration in view of the economic situation of the country for the next 12 months.
From a statement issued by Deloitte:
Summary of results
Recent macroeconomic performance and prospects
According to data collected during the ninth edition of Deloitte Business Barometer conducted in October and November, the results show a deterioration in the vision of entrepreneurs regarding the economy compared to May-14 survey.
63% of 141 surveyed companies expect to generate more revenue in 2010 than they did in 2009.
This figure was one of the results of a business survey conducted by Cciap, the Panamanian Chamber of Agriculture, Industry and Commerce, in the first quarter of 2010.
“58% of the surveyed companies were more optimistic regarding the local economy, and 52% believe that the country will attract more foreign investment, thanks to an improved economic climate”, reported Prensa.com.
Receive more news about Economic outlook
Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.