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Business Tendency Survey published

19 October 2011

The Business Tendency Survey (BTS) for September 2011 has been published today by the States of Jersey Statistics Unit.

The latest report shows that:
  • the headline all-sector business activity indicator was -7 percentage points (pp), implying that the proportion of businesses in Jersey reporting a decline in business activity compared with 3 months previously was 7 pp greater than the proportion reporting an increase. Half of businesses reported ‘no change’
  • for the finance sector in September 2011; 5 of the 10 indicators were at a similar level to the previous quarter, the other 5 indicators were more negative; profitability was strongly negative, having been positive in the 2 previous quarters; business optimism was strongly negative for the first time since the survey was introduced; New business was marginally negative for the first time in 2 years; the employment indicator remained neutral in the latest quarter; the future employment indicator decreased in the latest quarter
  • for the non-finance sectors, overall, 9 of the 10 indicators were negative; the profitability and input costs indicators were the most strongly negative
  • all indicators for construction were negative; 6 of the 10 were improved on the negative levels seen in the previous round, with 4 being at their least negative for 12 months
  • 7 of the 10 indicators for wholesale and retail were negative

 Download Business Tendency Report for September 2011 (488kb)

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