Costa Rica: Index of Business Confidence Drops 26%

The study is related to the quarterly survey "Business Pulse" by the Costa Rican Union of Chambers and Associations of the Private Business Sector.

Tuesday, February 24, 2009

El Financiero, in its website, publishes: "The consumer confidence [index] measures the expectations for the first quarter of the year (January, February, and March). The score is measured from 0 to 10 in five categories: poor (0 – 2.5), same as poor (2.5 - 5), same (5), same as well (5 - 5.75) and very well (7.5 - 10). The sectors in which the decline in confidence was greatest are commerce and tourism."

More on this topic

Costa Rica: Business Confidence Down 10%

May 2014

The business confidence index calculated by the "Business Pulse" survey reached its lowest level in the last two years, with negativity being felt in the services and construction sectors in particular.

From a press release issued by the Costa Rican Union of Chambers and Associations of Private Enterprises (Uccaep):

Businessmen Concerns in Costa Rica

December 2010

The slow opening of the telecommunications market and the exchange rate are key factors in the decline in business confidence over the previous quarter.

• Perception and business confidence down for the second consecutive semester
• UCCAEP urges a national agenda to boost productive activities

Little Optimism Among Costa Rican Businessmen

December 2009

Companies remain cautious on a potential economic recovery.

The Business Confidence Index stands at 3.65, out of a maximum of 10. It is elaborated by Uccaep, the union of business chambers of Costa Rica.

"The indicator shows that corporate expectations are worse than the last quarter of 2008, when the Index recorded 6.04 points", reports Nacion.com.

Confidence of Central American Entrepreneurs Drops

March 2009

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.

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