Managers’ Optimism Drives Economic Activities

Business Confidence Monitor (BCM) is a survey-based quarterly report which tracks actual performance of business activities and reveals the expectations of business managers in the short term. In this Q1-2017 Edition, the BCM Index stood at +14.4, suggesting that business managers are optimistic about business activities in the short term. It is a strong indication that economic activities will continue to gather momentum over the next few quarters, with most of the key BCM leading indicators showing positive outlook as well.