Bahamians are optimistic according to CoB study

Read storyA College of the Bahamas survey shows that citizens are optimistic about the economy.

This month, economics lecturer Randy Forbes and a team of college students collected in-person responses from 1,500 Bahamians.

The answers to five questions, including "Is this a good time to spend $3,000 or more?" and "How will the general economy be in the next six months?" Showed a general optimism, Forbes said.

Forbes is calling the research the Economic Society of The College of The Bahamas Consumer Confidence Index, or the ESOCOB CCI, modeled after its American counterpart.

He has collected the information for the past five years but has only published the results this year.

Full Story in The Nassau Guardian here