Stakeholders Welcome Increase in Business and Consumer Confidence

President of the Private Sector Organisation of Jamaica, PSOJ, Metry Seaga, is welcoming the uptick in business and consumer confidence.

According to the latest survey conducted for the Jamaica Chamber of Commerce by the Don Anderson-led Market Research Services Limited, business confidence improved by 1.7 percent over the April to June period.

Consumer confidence also improved over the period by 1.4 percent.

Mr. Seaga says the improved numbers can be maintained by continuing to have less tedious policies for business transactions.

Metry Seaga, PSOJ President.

And, President of the Jamaica Hotel and Tourist Association, JHTA, Christopher Jarrett, is also welcoming the increase in business and consumer confidence.

He notes that this is a reflection of the growth being seen in the tourism industry.

Mr Jarrett says further improvement should be seen in the coming quarters following the US government’s recent upgrade of its travel advisory for Jamaica.

Christopher Jarrett, JHTA President.