Tuesday, February 28, 2012

Expectations for 2012 from the Spanish businessmen are below the European average

According to a report in late 2011 of the European Chambers of Commerce.
Only exports have a positive outlook, so that employers will turn in foreign markets.
In the case of employment, employers in all regions will choose to continue adjusting the templates.
Castilla-La Mancha is the community that provides more settings followed by La Rioja, Aragon, Andalusia, Cantabria, Navarre, Galicia and the Canary Islands

The expectations of the Spanish business in 2012 are located below the European average in all regions while in the whole of Spain is expected to stagnate in the turnover.

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These findings are from a report prepared in late 2011 by the Chambers of Commerce in Europe from 68,916 employers, of which 6,436 are Spanish.

Only exports have a positive outlook to the weakness of domestic demand so it seems that this year the Spanish businessmen will turn in foreign markets.

According to the report, this is the only variable in which the regions predict a growth higher than their European counterparts.

For Communities

Extremadura is the community where exports experience a higher growth , ahead of Castile and Leon, Valencia and Murcia, while at the opposite end and with little variation, but not deficits, Andalusia and Aragon are located.

In contrast, the sign negative will be the majority in domestic sales and especially unfavorable in the case of communities of Cantabria, Castilla-La Mancha, Andalusia, Navarre, Aragon and Madrid.

Moderate growth in the industry

As the number of businesses , all autonomies are located below the European average although some regions provide positive results, for instance, Extremadura, Valencia, Asturias, Basque Country Canary.

Negative business figures are especially critical in Cantabria , well above the Balearic Islands, Castilla-La Mancha and Andalusia, three similar but with negative balances.

The study also shows that business expectations point to a moderate growth in the industry , stagnation in services and maintenance in the recruitment of construction.

The report elaborates on the job and anticipates that there will be no changes in its evolution and also in investment. In both variables, the Chambers of Commerce forecast adjustments similar to the previous year.

Reduced investment and templates

In fact, in all communities, the report predicts a maintenance of the reduction in investment but stresses that in some communities such as Madrid, Balearic Islands, Asturias and Galicia employers predict this variable settings than those made in 2011.

In the case of employment, employers in all regions appear to be decanted for further adjusting the templates while forecasts anticipate a cut of the same intensity as last year.

In this section the Spanish forecasts are below the European average in all but eight of autonomy they anticipate adjustments harder than the national average.

Castilla-La Mancha community will be providing further adjustments followed by La Rioja, Aragon, Andalusia, Cantabria, Navarre, Galicia and the Canary Islands, all with balances below the Spanish average.

The job cuts lower , but still higher than other European countries, would correspond with the regions of Catalonia, Asturias and Madrid .

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