Citation
Business Cycle Survey/Conjuctuurenquete CuraÒ«ao Year 2013

Material Information

Title:
Business Cycle Survey/Conjuctuurenquete CuraÒ«ao Year 2013
Publication Date:

Subjects

Subjects / Keywords:
conjuctuurenquete
conjuctuur
business
economy
investment
investeringen
companies
Genre:
serial ( sobekcm )

Record Information

Source Institution:
Central Bureau of Statistics Curaçao
Holding Location:
Central Bureau of Statistics Curaçao
Rights Management:
All applicable rights reserved by the source institution and holding location.

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For further information: Central Bureau of Statistics, Curaao. Telephone: (5999) 4611.031; Fax: (5999) 4611.696; E-mail: info@cbs.cw for more statistical information. Please visit our website: www.cbs.cw Investment obstacles More than 35 percent of the companies have indicated that they experienced inv estment obstacles in 2013. This is somewhat less than half a year ago, 36 percent. These obstacles are mainly due to a shortage of financial resources (20% of the companies) and poor market forecast (17%). Both of thee obstacles were 19 percent in June 2013). Also government policy is an important obstacl e: 13 percent (15% last June). Investment obstacles in %0 2 4 6 8 10 12 14 16 18 20Sho rt. fi n resources poor m a rket forecas t ex p e ct p rofitab il i ty i n tere s t l e ve l O b t ain wo rkpermi t s go v e rnm e nt p ol ic y o the r o bstac l es% companies dec '11 june 12 dec '12 june 13 dec '13 Confidence in the economy According to the businesses, confidence in the economy did not change much. Like in June, almost 50 percent stated that their confidence worsened last half year. Furthermore 48 pe rcent of the companies considered no change towards their confidence in the economy (was 47%). Only 2 per cent of the interviewed businesses acknowledged that their confidence in the economy improved over the past half year (was 4%). Confidence in the future The percentage of enterprises with confidence in the future has decreased from 51 in June to 45 percent per last December. Mo reover, the number of companies which have no confidence in the future has increased from 24 to 31 percent. The companies that had no opinion decreased sli ghtly level from 26 to 24 percent. Confidence future Dec. 20130 10 20 30 40 50 60 70d ec '08 jun e d ec '09 june dec '10 june dec '11 june d ec 1 2 june d ec 1 3% companies yes no no opinion Opinion towards investment climate The opinions towards the in vestment climate stayed more or less the same. The entrepreneurs opinions with bad changed last year from 38 to 39 percent. Only 5 percent of the comp anies have the opinion that the investment climate is good (was 4%). As usual most companies consider the investment climate to be moderate. This percentage decreased slightly from 58 to 57 percent. Perception investment climate Dec. 20130 10 20 30 40 50 60 70dec '08 ju ne dec '09 ju n e d e c '10 june dec 1 1 ju ne dec '12 ju ne dec '13% companies good moderate bad Business operation results The percentage of companies with a positive business result for the year 2013 is almost 52 percent. In December 2012 this was exactly 10 percent less (62%). In accordance to this, 48 percent of the companies did make a loss in 2013 (10 percent points more than December 2012).

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For further information: Central Bureau of Statistics, Curaao. Telephone: (5999) 4611.031; Fax: (5999) 4611.696; E-mail: info@cbs.cw for more statistical information. Please visit our website: www.cbs.cw Business Cycle Survey Curaao year 2013 Some selected results Central Bureau of Statistics Fort Amsterdam z/n Curaao. Tel. (599 9) 4611 031 Fax (599 9) 4611 696 E-mail info@cbs.cw www.cbs.cw