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Positive outlook maintained in latest survey figures

Positive outlook maintained in latest survey figures

Friday 17 April 2015

Positive outlook maintained in latest survey figures

Friday 17 April 2015


The latest Jersey Business Tendency Survey highlights a consistent level of optimism among finance industry leaders about future growth, according to Geoff Cook, CEO, Jersey Finance.

The majority of indicators for the finance industry were either positive or strongly positive, whilst four of the indicators – for Business Activity, Profitability, Employment and Future Business Activity – improved. The three month snapshot of industry activity is included in the Jersey Business Tendency Survey for the quarter ending March 2015 by the States of Jersey Statistics Unit.

Mr Cook said: "While we should not draw too many long-term conclusions from a three month period, we can nevertheless be encouraged by the general positive trend displayed, both for the finance industry and the wider commercial sector, as the business activity indicator for all sectors was the highest since the survey was introduced in 2009.

"Business optimism for the finance industry was unchanged from the previous quarter, indicating a consistent level of optimism about future growth and particularly encouraging was the profitability indicator for the sector which showed significant improvement once again, returning to the positive levels reported in mid-2014."

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