Friday, March 29, 2024

Low spirits

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Barbadians are not holding out much hope for improvement in their finances, food prices or getting jobs.
But a recent study of consumer confidence still found that 54 per cent of respondents felt the Government was doing a fair or good job on the economy.
The survey, carried out via telephone interviews, was conducted by lecturer in the Department of Management Studies at the University of the West Indies (UWI), Cave Hill Campus, Dr Dwayne Devonish. It was carried out among householders between the first week of March and the first week of April.
The pessimism relates to a projected five-year period but Barbadians also believe that during the next 12 months prices and unemployment will continue to rise.

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