CNI: Industry confidence in Brazil at eight-year highStaff Writer | November 26, 2018
Faced with more evident signs of recovery of the Brazilian economy, industry entrepreneurs have become more optimistic.
LatAm All segments saw increases in confidence
In the month, optimism was widespread over multiple industrial sectors. All segments saw increases in confidence in comparison with November last year - with highlight to the manufacturing industries (+6.9 points), mining (+8.2 points) and construction (+6.3 points).
The indicator score works like a barometer: if it is above 50, it means there are positive expectations about the future, while results below that threshold indicate entrepreneurs are more pessimistic than optimistic. ■