Results of September 2017 Business Tendency Survey

Wednesday 11 October 14:19

The quarterly Jersey Business Tendency Survey (BTS) provides timely, qualitative information about the Island’s economy.

Chief executives and managing directors are asked 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 2017:

  • the headline all-sector business activity indicator was +7 percentage points (pp); this means the proportion of businesses reporting an increase was 7 pp greater than those reporting a decrease
  • the business activity indicator was significantly lower than three months ago, when it was +25 pp
  • six out of the eight current indicators were positive; only profitability and input costs were negative
  • the product prices and business optimism indicators were both positive, but both were slightly lower than last quarter
  • three indicators changed by more than 10 pp; the business activity indicator decreased 18 pp to a slightly positive +7 pp, and new business decreased from +23 pp to +12 pp, whereas the input costs indicator was less negative, rising from -55 pp to -39 pp
  • the profitability indicator was positive for the finance sector, indicating more companies reported increases in profits than decreases, while it was negative for other sectors
  • 44% of companies reported higher input costs, producing a strongly negative indicator of -39 pp; this was more acute for the non-finance sector, where over half (57%) of businesses reported higher costs
  • the wholesale and retail sector had indicators of -57 pp for input costs and +51 pp for product prices, indicating that the sector has broadly started passing on its higher costs to consumers
  • the finance sector was more positive than the non-finance sector; six of the eight indicators relating to the current situation were more positive for the finance sector, two of them by over 20 pp
  • the all-sector future business activity indicator was positive, with the finance sector being strongly positive about future business and the non-finance sector being neutral
  • the outlook for future employment was positive overall, driven by the strongly positive finance sector, while the non-finance sector was neutral

Business Tendency Survey report for September 2017


  • Subsidised Skills Training for Employees Business Licensing | Social Security Department | States of Jersey

    › read more
  • Building a Foundation: Working with the Voluntary and Community Sector Where: St. Pauls Centre When: Wednesday 26th September Time: 1pm to 4pm Cost: FREE

    › read more
  • Ibex Education - Excel Introduction

    › read more
  • Ibex Education - Excel at Intermediate Level

    › read more
  • Ibex Education - Excel at Advanced Level

    › read more
  • Marbral Advisory - Blockchain for lawyers Early Bird: €75.00 - Standard: €115.00

    › read more
  • Marbral Advisory - Blockchain Basics Early Bird: €75.00 - Standard: €115.00

    › read more
  • A Very Special Evening of Celebration! - Jersey Chamber of Commerce 250th Gala Event You are Invited to a Very Special Evening of Celebration!

    › read more
  • GTA Guernsey - IoD Accelerated Company Direction Programme Course Cost: £5,750.00 | Course Length: 5 days (generally 08:30-19:00)12-16 November 2018 |

    › read more
  • Jersey Business - Enterprise Week 2018 FREE EVENT

    › read more

Chamber Knowledgebase

Our frequently asked questions

Contact Magazine

Click here to view the latest digital issue of the Channel Islands Business Magazine.

Jersey Airport / Harbours

The latest arrivals and departures, select a link above

Charity of Choice 2018

Click here to learn more about the vital work of the Jersey Employment Trust and how you can help.

The Benefits of Membership

Networking opportunities, including our popular luncheons
Topical seminar programme
Support and guidance on doing business in Jersey

And become one of over 500 member businesses supporting Chamber in its aim of ensuring that local business is at the heart of a thriving and diverse local economy.

Call 01534 724536
› About Chamber

Copyright © Jersey Chamber 2012 - The Jersey Chamber of Commerce welcomes your comments and views. However, the posting of comments is subject to our terms which can be read here. Comments posted by users of this site are not the Chamber's comments nor do they represent the views of the Jersey Chamber of Commerce.

↑ Back to top