Confidence in Curaçao’s Economy has improved

In the opinion of Curaçao entrepreneurs, confidence in the economy has improved slightly. This is according to the most recent economic survey of the Central Bureau of Statistics (CBS ), which is based on the first six months of 2013. According to the CBS , fewer entrepreneurs indicated that the economy had worsened than what was reported last year, with a decrease from 56 percent in December 2012 to 49 percent six months later. The CBS also reports that the percentage of companies expressing confidence in the future clearly increased in the first half of 2013, an increase from 41 to 51 percent of the entrepreneurs. Confidence has increased especially with smaller companies. In the climate of investment, opinions were more positive in June 2013 compared to December 2012, with the percentage of companies indicating a negative climate of investment decreasing from 40 to 38 percent. Although the differences are small, these results indicate an end to the negative trend since June 2011. The Economic survey involves a random visit of most companies with ten or more employees. For more information, go to www.cbs.cw.