Dominican Republic: Business Confidence Doesn't Improve

In the third quarter of the year, the Business Climate Index dropped 8% with respect to what was reported from April to June 2019.

Wednesday, November 20, 2019

The Business Climate Index fell from 61.7 in April-June 2019 to 57.3 in July-September 2019. This decrease was because of a drop in the balance of opinion of businessmen on the Dominican economy, the international, the branch and the climate for investment, explains the report of the Association of Industries of the Dominican Republic (AIRD).

Eldinero.com.do reviews that "... The Business Climate Index continued to decline for the second consecutive quarter from 64.5 in January-March 2019 to 57.3 in the July-September 2019 quarter."

The article adds that "... As for the balance of opinion in relation to the value of sales in industries for the second quarter, these remained below expectations, because while expectations were 24.0 these remained in the real perception at 19.0."

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More on this topic

Business Expectation Improves, but Not Enough

November 2019

Between the third and fourth quarters of the year, the Global Expectations Index reported a 6% increase in Costa Rica, but still remains in pessimistic territory.

The expectations index improved in all sectors during the fourth quarter, with the services and manufacturing indexes strengthening the most compared to three months ago.

Dominican Republic: Business Outlook up to June

September 2019

During the second quarter of 2019, of the total number of companies surveyed in the manufacturing sector, 31% stated that their level of production increased, while 43% indicated that they did not undergo changes.

According to the "Quarterly Survey of Business Opinion to the Manufacturing Sector", carried out by the Central Bank of the Dominican Republic, 26% of companies assured that their production level was lower than the previous quarter.

Business Confidence Falls 4%

August 2019

During the second quarter of the year in the Dominican Republic, the Business Climate Index decreased 4% compared to what was reported from January to March 2019.

The Business Climate Index dropped from 64.5 in January-March 2019 to 61.7 in April-June 2019. This decrease was because of a drop in the opinion of businessmen in the Dominican economy, in the branch, climate for investment and in their company, explains the report of the Association of Industries of the Dominican Republic (AIRD).

Industry: Improves Business Confidence

May 2019

In the first quarter of the year, the Industrial Confidence Index in the Dominican Republic improved slightly compared to the period from October to December 2018.

The Industrial Confidence Index (ICI) rose slightly from 57.1 in the fourth quarter of 2018 (October-December) to 57.9 in the first quarter of 2019 (January-March).

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