Published on
March 10, 2025
Assessing Business Confidence: The Role of the Business Climate Index in Economic Forecasting
- Business sentiment indicators effectively predict economic trends.
- Fosters investment and expansion.
- Helps policymakers and businesses assess Dubai’s economic climate, guiding strategic decisions.
The Business Climate Index (BCI) was developed to assess and monitor business confidence, serving as a key macroeconomic indicator.
Research has shown that business sentiment indicators are strong predictors of economic activity, influencing investment and policy decisions. In 2011, Dubai Chambers introduced the BCI to provide insights into Dubai’s business environment, supporting economic growth and strategic planning.In Collaboration with
