Costa Rican Businesses are Optimistic for the Start of 2014

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    The Costa Rica News (TCRN) – Costa Rican entrepreneurs are optimistic for the first quarter of 2014. They hope to have job security, and increases in sales, production and profits, says a survey released by the University of Costa Rica (UCR).

    The “quarterly survey of business opinion” by the Department of Economic Sciences Research at UCR, said that 66% of surveyed employers have kept their staff, while only 11% decreased hiring and payroll.

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    The main factor for being able to keep their employees, according to entrepreneurs in different sectors, is domestic demand, followed by export demand.

    In terms of competitiveness, 93% of respondents expect the competitive position of their company to improve or at least not change and on the issue of currency, 73.6% expect the dollar exchange rate will remain stable.

    Another issue identified in the survey as positive is that 43% believe there will be an increase in profits and 42% said they will not change.

    The survey was conducted to 438 business managers from the agricultural, manufacturing, construction, trade and other services, through phone calls, between November 25 and December 11, 2013. (ACAN-EFE)

    The Costa Rica News (TCRN)

    San Jose Costa Rica

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