More than 70 percent of the sectors in the economy improved their risk levels during the month of April, after a moderate decline in March, according to research company Business Data Israel.
The average weighted risk level in the economy improved by 2.9% in April lowering the business risk index to 5.75 from 5.92 in March and 5.85 in April 2006. In addition, just 12.4% of businesses were at a high risk level in April compared with 14% the previous month. Sector by sector analysis showed that the strongest sector was chemicals, with an average business risk of 4.83, while those with the highest risk level were haulage, cargo and transport services with an average business risk of 6.66.
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