Is Business Confidence in Latin America Getting the Jitters?

Confidence in profits and cashflow is up, but down in all other areas. Latest survey results indicate uncertainty

The latest figures from the MSI Global Feelgood Index, a business confidence survey commissioned by MSI Global Alliance, show that Latin America is feeling slightly less confident about its economic prospects than just three months ago.

While still in the positive (+0.18), overall confidence among business owners and managers fell from +0.22. Confidence is particularly shaky with regards to the prospects for future sales (the 'pipeline', down from +0.37 to +0.22) and for spending on capital investments (down from +0.26 to +0.06).

There is however cause for optimism in the propects for profit margins (up from -0.10 to +0.04) and cashflow (up from -0.10 to +0.11).

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Infographic: Levels of Business Confidence in the Latin America region (May 2012)

 

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