Founded in 1996, Tendências is one of the largest economic consulting firms in Brazil and a reference in economic, financial and political matters.

Our mission is amply represented by a quote from Clive Granger, the 2003 winner of the Nobel Prize in Economic Sciences: “... the purpose of economics is to help decision makers make better decisions".

Tendências' credibility has been built on the knowledge and experience of our renowned partners, supported by a team that exudes professionalism, technicalability, sharp analytical skills and respect for the company’s code of ethics.

Our technical staff numbers approximately fifty graduates from the best economics schools in Brazil and a broad and the country’s top companies and financial institutions base their decisions on our economic studies and analyses.

Tendências has vast experience of elaborating economic studies related to diverse areas. This allows us to meet the needs of clients from the broadest variety of fields demanding economics knowledge, creating the solutions to specific problems with exclusivity and confidentiality.

The quality of Tendências' economic forecasts has translated into awards and honors in the field, as well as regular appearances in the "TOP-5" ranking of market forecasts by the Brazilian Central Bank. Tendências has been the leading consultancy for several years in this ranking.

At Tendências you’ll find no conflict of interest, since the company holds no investment positions, undertakes no audits, provides no opinion on corporate management and lobbies in favor of none of its clients. The company focuses solely on producing professional, independent technical studies and analyses on economic and political issues.


Credibility built on knowledge and experience
Accuracy of projections that are multi-awarded
Outstanding quality of research and studies

Specialties and Skills

We integrate different areas of the economic field creating the solutions to specific problems

Custom economic studies in Law and Economics, Defense of Competition, Trade Defense, Regulation and Market Projections.


Regional Scenarios for GDP and Income Classes.


Macroeconomic analysis and short-term and long-term scenarios for the Brazilian economy.


Analysis and scenarios for the main industries of Brazil’s economy.


Corporate finance studies.


Supply Chain Competitive Intelligence.


Presentations at conferences, seminars and board meetings.