After surging by 15 points to 50 in the second quarter, the RMB/BER Business Confidence index (BCI) retreated to 43 in the third quarter, taking it back into net negative terrain, where the number of respondents unsatisfied with prevailing business conditions outnumber those that are satisfied. Given the variety of negative factors that affected sentiment in the quarter, RMB says this outcome is “unsurprising”, though it warns that “things could easily have turned out even worse”.
from Engineering News | Home https://ift.tt/3zTHvmt
