Consumer Confidence Soars to Record High

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Consumer confidence in Jamaica is at a record high!

Managing Director of Market Research Services, Don Anderson, made the disclosure at a media briefing at the Richmond Park Great House on Half Way Tree Road this morning.

Mr. Anderson outlined the findings contained in the latest Jamaica Chamber of Commerce, JCC, Business and Consumer Confidence survey for the just concluded July to September quarter of this year. He says there’s been a sharp increase in consumer confidence.

The Consumer confidence index has climbed from just over 159-points to 172.6. That’s the highest it has ever been since the survey was first conducted 17-years ago.

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Mr. Anderson says business confidence has not soared as much as consumer confidence.
But, he says business confidence is still stable and high.

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Anderson told the media briefing that there’s optimism among consumers and business people in Jamaica.

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In the meantime, Mr. Anderson says there are seven different variables which contributed to the record-breaking jump in consumer confidence.

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Abka Fitz-Henley is a multiple award-winning journalist who is currently the Senior Reporter at Nationwide News Network (NNN). His primary areas of focus are Court, Crime and Parliamentary proceedings. Fitz-Henley was recently recognized in the regional celebrity magazine publication Panache as “The Breaking News Boss”. At 21 years of age, following his 1st year in media, Fitz-Henley was recognized with the Young Journalist of the year award from The Press Association of Jamaica and went on to cop one of the country’s highest recognized journalism prizes, the Journalist of the Year Award. He’s also been awarded the prestigious Corporate Jamaica Broilers Fairplay 1st place Award for investigative journalism and is the recipient of the Caribbean Blog Award for coverage of the infamous Kartel murder trial. Fitz-Henley is also the recipient of the PM Youth Award for Excellence. Over the years, he has appeared as a guest on the BBC World Service and BBC London.