Mexico Business Confidence

Business Confidence in Mexico increased to 55.17 in April of 2013 from 54.22 in March of 2013. Business Confidence in Mexico is reported by the Instituto Nacional de Estadística y Geografía. Historically, from 2004 until 2013, Mexico Business Confidence averaged 51.78 reaching an all time high of 62.30 in March of 2006 and a record low of 41.20 in December of 2008. In Mexico, the Monthly Survey of Business Opinion (EMOE) measures the expectations of business executives regarding production, capacity utilization, employment and inventories, in the short, medium and long run. The survey also trials the expectations concerning the general economic environment and how it may affect business activity. The EMOE has a national coverage and it is measured on a scale of 0 to 100, where levels above 50 indicate optimism, 50 neutrality and below 50 pessimism. This page includes a chart with historical data for Mexico Business Confidence.

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Business Confidence | Notes

The Business Confidence Index is an indicator designed to measure the degree of optimism on the state of the economy that business owners are expressing through their activities of investing and spending. Decreasing business confidence often implies slowing economic growth because business owners are likely to decrease their investment. The idea is that the more confident business owners and managers feel about the economy, their companies, their jobs and incomes, the more likely they are to make investments and purchases.










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