10 October 2012
The report on the Business Tendency Survey (BTS) for September 2012 has been published today by the States of Jersey Statistics Unit.
The latest report shows that the headline all-sector Business Activity Indicator was -24 percentage points (pp), implying that the proportion of businesses in Jersey reporting a decline in business activity compared with three months previously was 24 pp more than the proportion reporting an increase. More than half of all businesses reported ‘no change’.
The all-sector Business Activity Indicator has remained at essentially the same negative level as that seen in the previous two quarters, which had been the most negative to date for this indicator.
The Jersey Business Tendency Survey (BTS) is a quarterly survey which provides qualitative information about the Island’s economy in a timely manner. It enables a set of indicators to be produced that can be used to monitor economic performance.
The survey covers private sector businesses in Jersey. It asks the chief executive or managing director of sampled businesses for their opinions on the current situation of their business compared to three months previously and also for their expectations for the next three months.
Download Business Tendency Survey report September 2012 (size 311kb)