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The Adcorp Employment Index
Posted on September 19, 2011 at 1:41 pm
Considerable uncertainty surrounds the current condition of the South African economy. According to
Statistics SA, mining and manufacturing figures for July indicate a decisive slowdown in production levels,
suggesting that global economic weakness continues to affect South African producers adversely.
However, Investec’s Hard Numbers Index produced by Prof Brian Kantor suggests that the consumer – as
measured by domestic vehicle sales and the demand for bank notes – is generally buoyant, while
liquidations and insolvencies continue to improve suggesting that consumer indebtedness and small
business earnings are improving. (more…)
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© 2012 D•A•V Professional Placement Group
© 2012 D•A•V Professional Placement Group
