Expansion of trade index Retreats

The expansion of Trade Index (IEC) fell again in March, registering the third consecutive downturn this year, 2.3% decline in comparison with the previous month, according to FecomercioSP. The factors that influenced the new fall was the continuity of staff reduction and low available to entrepreneurs to invest in your business. One of the sub-indices of the IEC, the indicator of expectations for hiring employees had a fall of 3.2% compared to February and 24.2% compared to the previous year.