Since the Pacific Trade Invest (PTI) global network tracking began in May 2020, between 84 and 92 percent of respondents have consistently reported negative impacts on their business due to COVID-19. This month’s survey saw that to decrease to 79 percent.
In line with this improving outlook, the February survey reports the lowest percentages yet of perceived negative impacts on local economy (decreasing from 90 percent to 88 percent) and reported decline in revenue (decreasing from 86 percent to 81 percent).