.png "Oualie St Kitts and Nevis Real Estate Sales Rentals")
St. Kitts and Nevis Information
St Kitts and Nevis Economic Outlook
2009-12-16 22:30:25 by
According to the Office of Prime Minister Hon. Dr. Denzil L. Douglas, there are increasing signs that the local business sector continues to have confidence in the St. Kitts and Nevis economy.
In a recent survey published by the Department of Management Studies at the Cave Hill campus of the University of the West Indies (UWI), Barbados and St. Kitts-Nevis have the most optimistic investment outlook over the next 12 months. St. Kitts, Nevis, and Barbados numbers are the most optimistic about employment prospects over the next six months.
The report noted that despite the much publicised economic slowdown of the last year, the majority of companies in St. Kitts and Nevis, Grenada and Dominica reported unchanged or improved financial performance over the last six months.
The majority of companies in all countries polled, within the OECS, expect financial performance to improve within a year. ?All industries, except for public utilities, expect financial performance to improve within a year, but the slump is expected to continue for another six months in the crucial construction, and tourism sectors,? the survey found.
In terms of the global economic outlook, the majority of companies in all countries expects the global economy to improve over the next six months, with companies in Barbados and St. Lucia being the most optimistic, while those in St. Vincent and Dominica the least optimistic.
In a recent survey published by the Department of Management Studies at the Cave Hill campus of the University of the West Indies (UWI), Barbados and St. Kitts-Nevis have the most optimistic investment outlook over the next 12 months. St. Kitts, Nevis, and Barbados numbers are the most optimistic about employment prospects over the next six months.
The report noted that despite the much publicised economic slowdown of the last year, the majority of companies in St. Kitts and Nevis, Grenada and Dominica reported unchanged or improved financial performance over the last six months.
The majority of companies in all countries polled, within the OECS, expect financial performance to improve within a year. ?All industries, except for public utilities, expect financial performance to improve within a year, but the slump is expected to continue for another six months in the crucial construction, and tourism sectors,? the survey found.
In terms of the global economic outlook, the majority of companies in all countries expects the global economy to improve over the next six months, with companies in Barbados and St. Lucia being the most optimistic, while those in St. Vincent and Dominica the least optimistic.