The Department of Statistics (STAT) informs the business community about the start of its Business Cycle Survey this week. This semi-annual survey is geared towards capturing estimates of business developments and opinions for the full-year 2014.
Business Establishments who received the Business Cycle Survey for the first half of 2014, can now expect to receive a slightly more expanded questionnaire which covers the period of the entire year 2014. The primary objective of the survey is the collection of up-to-date developments within our economy, based on the performance of the business sector.
Data-collection begins on Friday November 14th 2014 and continues through end January 2015. The survey’s target group includes all businesses with ten employees or more; and a sample of businesses with nine or less employees.
STAT-trained interviewers will be distributing and collecting the Business-Cycle questionnaires from enterprises and will also be on-hand to provide any additional assistance, that may be required.
The survey will take a short time to complete, and covers questions on the level and changes in items such as turnover, production units, operational costs and investments. Additionally questions will include the opinions of entrepreneurs regarding competitiveness, confidence in Business and the economy and their 2015 expectations.
STAT urges all businesses approached to fully participate in the Business Cycle survey, as timely input from the private-sector is essential for STAT in measuring economic developments throughout the year 2014.
