Business Tendency Survey report for March 2014

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

 

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 March 2014 report shows that the headline all-sector Business Activity Indicator was 0 percentage points (pp), implying that the proportion of businesses in Jersey reporting an increase in business activity compared with three months previously was at the same level as the proportion reporting a decrease.

 

A quarter (25%) of businesses reported an increase in business activity in the latest quarter, a similar proportion (25%) reported a decrease; half of all businesses reported ‘no change’.

 

The all-sector Business Activity Indicator was essentially unchanged from the neutral level of the previous quarter.