THE BUZZ RETURNS
in the corporate world. In June, business confidence was at its lowest in two years, but about three months later, the sentiment has moved up to its highest level in 10 quarters. What has changed in just a quarter to justify this swing? Leading economists say a lot of factors have contributed to the sharp rise in ’s latest BCI (Business Confidence Index). On a scale of 100, for instance, BCI jumped to 49.6 in the September quarter, compared to 43.2 in the June quarter. Given that the latest BCI is at a 10-quarter high, it is
