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Business Tendency Survey published

17 April 2013

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The Jersey Business Tendency Survey provides qualitative information about the Island’s economy in a timely manner. The survey enables a set of indicators to be produced that can be used to monitor economic performance.
 
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 remained at essentially the same negative level as in the previous two quarters, which had been the most negative to date for this indicator.
 
The survey covers private sector businesses in Jersey. The survey 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.
 
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