Thursday 19 December 2024
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Media Release

Most positive business tendency survey on record


MEDIA RELEASE: The views expressed in this article are those of the author and not Bailiwick Express, and the text is reproduced exactly as supplied to us

The latest Business Tendency Survey shows that the all-sector Business Activity Indicator improved in the latest quarter, increasing from being slightly negative to marginally positive, and recording its highest level to date.

The latest Business Tendency Survey shows that the all-sector Business Activity Indicator improved in the latest quarter, increasing from being slightly negative to marginally positive, and recording its highest level to date.
 
The headline all-sector Business Activity Indicator was 4 percentage points (pp), implying that the proportion of businesses in Jersey reporting an increase in business activity compared with three months previously was 4 pp greater than the proportion reporting a decrease. Half of all businesses reported ‘no change’.

The survey covers private sector businesses in Jersey, and asks chief executives or managing directors 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.

The Business Tendency Survey is a quarterly survey which provides qualitative information about the Island’s economy in a timely manner. 

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