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March 2, 2022
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Entrepreneurs are optimistic about sales and jobs

Entrepreneurs are optimistic about sales and jobs

Despite the fact that the first half of 2022 will be marked by the uncertainty of the electoral season, businessmen express optimism about what is to come in terms of sales and jobs in this part of the year.

(Read: Employment, inflation and fiscal stability: challenges for growth).

This follows from the Business Rhythm Survey that presents the perception of the performance of productive activities in the second semester of 2021 and the expectations for this first semester.

In this version 16 of the survey, presented yesterday by the president of the Cali Chamber of Commerce, Luis Fernando Pérez, the president of Confecamaras, Julián Domínguez, the perception of 6,423 companies affiliated with 24 chambers of commerce of the country, with the aim of measuring the economic pulse of companies and their growth prospects.

In terms of sales for the period January-June 2022, 47.6% of the businessmen consulted say that He hopes to increase his sales.

Of that total, 44.3% speak of increases between 10% and 20%,
40.3% believe that their income can grow by more than 20% and another 15.3% warn of increases of less than 10%.

In the 24 chambers of commerce, the proportion of affiliated companies that expects to increase the value of their sales during the first half of 2022 is greater than the proportion that expects to decrease them”, highlights the analysis of the survey data.
In what has to do with the perspectives of the number of workers to June of this year, the outlook is favorable, according to the survey of employers.

That is how 91.9% of affiliated production units chambers of commerce expects to increase (17.9%) or maintain (74.1%) their number of collaborators during the first half of 2022 compared to the previous half.

(What’s more: Optimism reigns in companies and the spirit of generating employment).

The Business Rhythm Survey shows that among the main cities, Cali (19.5%) and Medellín (19.0%) registered the highest proportion of companies that expect to increase the number of workers in these first six months of the year compared to the semester previous.

41.8% of the affiliates indicated that their main problem has to do with the increase in costs or the difficulties in obtaining supplies
of supplies

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THE CONCERNS

Another relevant fact is that 41.8% of the companies consulted indicated that their main problem during the second half of 2021 was the increase in costs or difficulties in supplying inputs and raw materials.

41.8% of the members of the chambers of commerce that participated received increases between 25% and 50% on input prices, supplies or raw materials during the second half of 2021 compared to the first half of the same year. Another 24.8% say they have faced increases of less than 25%.

The lack of demand It is in second place for business concerns (14.9%), the high tax burden (9.4%) and high competition (9.1%).

(Read: Industrial PMI fell to an eight-month low).

It is striking that the pandemic is among the last reasons for concern (3.7%).

AT THE CLOSE OF 2021

There it is shown that among the business units, 35.4% reported that their sales increased in the second half of 2021 compared to the previous half, with a average growth of 26.2%

It also stands out that 13.7% of the organizations reported increases in the number of workers in the second half of 2021 compared to the first half of the same year, with an average growth of 21.9%.

Among the cities that reported the most increases were Cali, Medellín, Barranquilla, Bogota and Bucaramanga.

Among the 24 chambers of commerce that participated in the survey, 13.7% reported increases in the number of workers in the second half of 2021 compared to the first half of the same year, with an average growth of 21.9%

This behavior stands out in Cali, Medellín, Barranquilla, Bogotá and Bucaramanga.
Likewise, it is highlighted that “in the main cities, the proportion of companies that indicated having made investments such as acquisition of machinery or expansion of production capacity in the second half of 2021 exceeded the proportion of the second half a year ago.

(Read: Mobile phones and services represented 5% of global GDP).

The survey emphasizes the vision of businessmen regarding exports.
They acknowledge lack of interest in exporting (39.6%) and the sufficiency of the domestic market (19.9%).

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