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Business Cycle Survey/Conjuctuurenquete CuraÒ«ao 1st half 2014

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Business Cycle Survey/Conjuctuurenquete CuraÒ«ao 1st half 2014
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serial ( sobekcm )

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Central Bureau of Statistics Curaçao
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Central Bureau of Statistics Curaçao
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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 In June 2014 some 34 percent of the companies have indicated that they experie nced investment obstacles. In comparison with December 2013, this was almost the same (35%). These obstacles are mainly due to a shortage in financial resources (23% of the companies) and poor market forecast (20%). Last December these obstacles were 3 percent-point less. More than 12 percent of the interviewed companies (13% last December) indicated that government policy is an investment obstacle. Investment obstacles in %0 2 4 6 8 10 12 14 16 18 20 22Sho rt. fi n. re so urc e s poor m a rket forecas t ex p e c t. p ro fi ta bil i ty in te res t l ev el Obt a in wo rk pe rm it s go v e rnment policy ot he r o bs t ac le s% companies june 12 dec '12 june 13 dec '13 june 14 Confidence in the economy According to the businesses, confidence in the economy has improved slightly. In December 2013 some 50 percent stated that their confidence worsened in the last six months of that year. In June this has decreased to 44 percent. Furthermore 50 percent of the companies considered no change towards their confidence in the economy (was 48%). Although only 6 percent, more businesses acknowledged that their confidence in the economy improved over the past half year (was 2%). Confidence in the future The percentage of enterprises with confidence in the future has stayed the same in comparison with last December (45%). The num ber of companies which have no confidence in the future has decreased from 31 to 24 percent. The companies that had no opinion increased from 24 to 31 percent. Confidence in the future0 10 20 30 40 50 60 70J u ne Dec 0 9 J u ne Dec '1 0 J un e Dec '11 June De c 1 2 Ju n e 13 Dec 1 3 Ju n e 14% companies yes no no opinion Opinion towards investment climate Less entrepreneurs stated the investment climate was bad. This percentage decreased from 39 to 36 percent. Only 7 percent of the companies have the opinion that the investment climate is good (a slight improvement with 5% of la st December). As usual most companies, 57 percent, consider the investment climate to be moderate. Perception investmentclimate0 10 20 30 40 50 60 70June Dec '0 9 June De c 1 0 J un e Dec 1 1 J u ne Dec '12 J u ne '13 De c '1 3 June 1 4% companies good moderate bad Business operation results The percentage of companies who expect a positive business result for the year 2014 is 56 percent (4% more than December 2013). In accordance to this, 44 percent of the companies expect to make a loss this year (4 percent points less than December 2013).

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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 1st half year 2014 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