"Business confidence" refers to the level of trust and positive outlook that businesses have about their ability to succeed and grow. It reflects their belief in the strength of the economy and their own capabilities. When businesses have high confidence, they are more likely to invest, expand, and create jobs, while low confidence can lead to a more cautious and stagnant business environment.
Full definition
Labour markets are showing increasing evidence of an easing in wage pressures, and recent declines
in business confidence may prompt a tougher stance by businesses in wage negotiations.
In the latest survey
of business confidence in the chemical and pharmaceutical sector, companies are generally optimistic about the future.
Overall, the bank's
small business confidence index stood at 70 this fall, compared with 63 in the fall of 2012 and 59 last spring.
All of these challenges have increased uncertainty about the strength of future demand and weighed
on business confidence.
Outside the energy sector, we are beginning to see the anticipated sequence of increased foreign demand, stronger exports,
improved business confidence and investment, and employment growth.
Business confidence also appears to be quite strong, although some firms have recently become more cautious about the outlook.
Business confidence among law firm partners is proving resilient despite recent market turbulence, with the vast majority expecting their firm's revenues to grow during the coming year.
The addition of $ 30 billion in federal funds for small - business lending in fall 2010 could also
boost business confidence and thus hiring.
Second, the expectations of individual firms are often influenced by the behaviour of other firms and perceptions of
overall business confidence.
Although there has been a noticeable lift in
business confidence over the past six months or so, manufacturing production has shown no growth over the past year.
At a time
when business confidence is yet to be fully restored, supporting a growing company needs to mean more than just lending a hand financially.
This is not surprising given the relatively healthy profit situation, the high level
of business confidence and the expected growth in spending.
Legal Week's latest
business confidence survey found 28 % of respondents forecasting static revenues for 2013 — almost double the proportion making the same prediction in July, when the survey was last conducted — while a further 7.5 % expect revenues at their firm to drop next year.
The EUR / JPY touched a two - week high on concern a report may show this week the German
business confidence rose to the highest level since July 2008.
As business confidence increases in the UK and we continue striving for consistent, sustainable economic growth and recovery, the importance of being able to hire in expertise to finance departments and project delivery teams on a short to medium term basis.
«The rise in domestic business - travel spending is a positive sign of
increasing business confidence and bodes well for future employment growth,» says Michael W. McCormick, executive director and chief operating officer of GBTA.
TRAVEL group Globetrotter doesn't necessarily share the sentiments of a recent survey
showing business confidence at its lowest level since the GFC, and has launched a new business unit targeting empl
The eurozone's manufacturing PMI for February rose to its best level since 2011, and a leading measure of
German business confidence for the same month climbed back up to the four - year high seen at the end of 2016.
Sanctions, the bank noted, «negatively
affected business confidence, limited the ability of companies and banks to access international debt markets and contributed to an increase in private capital outflow.»
With business investment and profits growing strongly and
business confidence high, the US recovery has now broadened well beyond its initial reliance on consumer spending.
Legal Week's
latest business confidence survey — which comes in the wake of sustained upheaval in the global financial markets — shows that 87 % of partners believe their firms will grow revenues by up to 15 % over the next 12 months, including 16 % predicting double - digit growth.
Still, Standard & Poor's estimates this latest fiscal fiasco lopped US$ 24 billion off America's GDP and, analysts suspect,
undermined business confidence in Canada.
China appealed to Washington on Thursday to avoid
damaging business confidence following a report that U.S. authorities are investigating whether Chinese tech giant Huawei violated sanctions on Iran amid spiraling technology tensions.
On Monday, for example, the New Zealand Institute of Economic Research (NZIER) released its
quarterly business confidence survey on Monday and the reading dropped from 18 index points to 5, which is the weakest in six quarters.
For in - house legal departments — and specifically for e-discovery professionals — the news is good, mirroring results from Complex Discovery's 2018 Spring
eDiscovery Business Confidence Survey.
Regardless of your political views, the fact that there is some form of political stability on the horizon — I think that helps in terms of consumer confidence, and
business confidence for that matter.»
With business confidence still in decline after a significant decline in global bond yields over the last seven quarters or so, and corporate capital spending remaining at very muted levels, it seems to make sense to look beyond monetary policy for some fiscal solutions to help bolster economic confidence and growth.
The German IFO
business confidence index rose a touch to 117.6 from 117.2 The estimate was 117 but the components were mixed.
In its semi-annual Small
Business Confidence Report released Monday, the bank said that 62 per cent of respondents surveyed felt 2014 would be a better year than 2013.
«The elephant in the room they can't discuss is [the election], and if the elephant could stop the Fed, for no political reasons, but because the election increases volatility in the market and
hurts business confidence,» said Harris.
In the light of Brexit and with continued reports of sluggish UK productivity levels, you could be forgiven for assuming that
business confidence levels are low throughout the UK.
«With corporate decision - making picking up speed as
business confidence grows, we are beginning to see decreasing vacancy and rising rental rates in many markets,» says Mark E. Rose, chair and CEO of Avison Young.
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