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Business Confidence dips in second quarter

Business Confidence dipped to 150.7 points in the second quarter of 2019. 
 
The Jamaica Chamber of Commerce released the 2nd quarter 2019 Business & Consumer Confidence Indices on Tuesday.
 
The first quarter index was 151.3 points. 
 
Larry Watson, the immediate past president of the JCC, said the second quarter's report findings clearly show that crime and foreign exchange rates are a major concern.
 
Consumer Confidence, on the other hand, strengthened in the second quarter of 2019, recording 183.4 points up from 177.5 in the first quarter.
 
This was due to several factors including, consumers expecting new jobs and positive views of government's initiatives.


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