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2017 4th Quarter International Trade Council Global Business Confidence Survey

The Global Business Confidence Survey is designed to take the pulse of companies and sectors and reports on the conditions for businesses like yours. It offers valuable insights into trends of US and global business confidence by surveying people from across a broad spectrum of industries. The survey draws information from a range of sectors about current and historical business growth trends, efficiency, employment, regulation and other conditions affecting industry. Key users of statistical data include government agencies, trade bodies, chambers of commerce and academic researchers. This survey report was produced by the International Trade Council (http://www.tradecouncil.org | http://www.itcapproved.org).

The Global Business Confidence Survey is designed to take the pulse of companies and sectors and reports on the conditions for businesses like yours. It offers valuable insights into trends of US and global business confidence by surveying people from across a broad spectrum of industries. The survey draws information from a range of sectors about current and historical business growth trends, efficiency, employment, regulation and other conditions affecting industry.

Key users of statistical data include government agencies, trade bodies, chambers of commerce and academic researchers. This survey report was produced by the International Trade Council (http://www.tradecouncil.org | http://www.itcapproved.org).

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GLOBAL BUSINESS CONFIDENCE REPORT<br />

4 th Qtr. <strong>2017</strong><br />

Low Mid-Low Medium Mid-High High<br />

Metal Products 26.09% 13.04% 30.43% 17.39% 13.04%<br />

Mining and Minerals 0% 25% 50% 25% 0%<br />

Other 47.97% 13.82% 20.33% 9.35% 8.54%<br />

Paper and Allied Industry 12.50% 12.50% 25% 50% 0%<br />

Petroleum and Coal 14.29% 28.57% 14.29% 28.57% 14.29%<br />

Printing 32.14% 10.71% 21.43% 28.57% 7.14%<br />

Publishing 80% 0% 0% 0% 20%<br />

Quality Inspection / Control 33.33% 0% 33.33% 0% 33.33%<br />

Real Estate 70.83% 8.33% 8.33% 10.42% 2.08%<br />

Renewable Energy 21.74% 4.35% 26.09% 21.74% 26.09%<br />

Retail - Mixed 36.59% 17.07% 14.63% 9.76% 21.95%<br />

Rubber & Related Products 26.32% 21.05% 31.58% 10.53% 10.53%<br />

Security 44.44% 22.22% 11.11% 5.56% 16.67%<br />

Social Welfare 78.57% 14.29% 7.14% 0% 0%<br />

Stone, Clay & Glass Products 33.33% 33.33% 0% 33.33% 0%<br />

Telecommunications 25% 37.50% 0% 25% 12.50%<br />

Textiles 8.33% 8.33% 16.67% 50% 16.67%<br />

Tobacco 0% 0% 100% 0% 0%<br />

Translation & Localization 60% 0% 0% 40% 0%<br />

Transportation 36.51% 9.52% 12.70% 20.63% 20.63%<br />

Wholesale - Mixed 12.90% 29.03% 19.35% 22.58% 16.13%<br />

"The Government of India has recently imposed GST on exports which disadvantages our business compared to<br />

exporters from other countries."<br />

- Respondent from India<br />

"Many book publishers are playing around the free trade agreements thus closing the market and restricting the<br />

flow of books except through preferred agents so there is no competition. If there is only one agent / source then<br />

consumers tend to copy instead of buying because of high prices."<br />

- Respondent from Jordan<br />

"Some countries impose high tariffs, customs duties and other taxes even when there is no competition for our<br />

specific type of product in their country. This makes our product not as competitive against other manufacturers<br />

who may benefit from different free trade agreements."<br />

- Respondent from the United States of America<br />

"Restrict foreign competitors from lowball pricing in my country. I cannot compete with foreign economies to gain<br />

business."<br />

- Respondent from the United States of America<br />

<strong>International</strong> <strong>Trade</strong> <strong>Council</strong> www.tradecouncil.org Page 45

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