The latest Jersey Business Tendency Survey (BTS) for the period up to the end of September 2015 has been published by the States of Jersey.
The BTS is a quarterly survey that provides qualitative information about the island’s economy.
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 earlier and their expectations for the next three months.
In September 2015, the headline all-sector business activity indicator was up five percentage points. This implies that more companies reported an increase in business activity as opposed to a decrease. However, this indicator was down significantly from the strong positive levels seen during the previous six months.
For the finance sector:
• Six of the ten indicators were down on the previous quarter
• The business activity, new business, profitability and business optimism indicators recorded their lowest levels for at least two years
• The input costs and employment indicators were improved on the previous quarter
For the non-finance sectors:
• Eight indicators were unchanged and two (input costs and employment) improved slightly
• The business activity indicator for the non-finance sectors, overall, was more positive than that for the finance sector for the first time in at least six years
The full survey can be found here.