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)
gov.je