In the third quarter of 2024, the Index VISTAGE Business Confidence reached 113 points15 points above the previous period and reached its highest point in the last four years. 80% of those surveyed considered that in 2025 the Argentine economy will improve.
The survey reflects the responses of 352 businessmen: CEOs, General Managers and business owners.
The Vistage Trust Index was born in United States in the first quarter of 2003 and was positioned as the only and largest general report of the projections of CEOs and leaders of small and medium-sized companies in that country.
In Argentina It began to be carried out in 2006 and, since then, Vistage consults with senior executives and business leaders quarterly to know their projections and the level of confidence in business.
Business Confidence Index: the main results
The analysis on the third quarter of 2024 It showed positive results and businessmen analyzed the last year and made their predictions for what is to come in the country.
Firstly, 36% of those surveyed considered that the Argentine economy “behaved better than a year ago.”
On the other hand, they analyzed the obstacles that the sector is currently going through and the 25% of the responses indicated that the main problem is the increase in costs (energy, raw materials, salaries).
image.png
As for what is expected for 2025, 80% of business owners anticipated that the economy will be better within a year33% said that their company’s profitability will increase, 49% estimated that fixed asset investment will increase and 48% are confident that their number of employees will increase within the next 12 months. In addition, 66% considered that the volume in units sold will grow next year.
The percentage of businessmen who consider that the economy Argentina improved in the last year, rising 13 percentage points compared to the previous quarter.
image.png
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
