Survey Results
 
 
       

Survey BB-41 :
In the light of world events over the last few weeks, the October survey sets out to assess the impact of increased economic uncertainty upon different aspects of your business experience and strategies.


Question NumberQuestion
Q1To what extent have you seen an increase in the incidence of bad debts?
Q2To what extent have you seen an increase in delayed payment by customers?
Q3To what extent have you had to place more emphasis on controlling liquidity / working capital?
Q4To what extent have you postponed any investment in plant and equipment?
Q5To what extent have you revised output prices?
Q6To whom do you most naturally turn for advice when trading conditions suddenly become more uncertain?
Q7To what extent do you feel that the positive effect of recent interest rate reductions will counterbalance the negative impact of more uncertain trading conditions?
Q8To what extent is your business constrained by skill shortages?
Q9To what extent is your business constrained by a lack of finance?
Q10To what extent is your business constrained by low market demand?
Q11Over the last 3 months, has your business:-
Q12Over the next 3 months, do you expect your business to:

(1) To what extent have you seen an increase in the incidence of bad debts?
ResponseTotal answers: 137
%
1. Significant3.6%
2.10.2%
3.20.4%
4.19%
5. Insignificant46.7%

(2) To what extent have you seen an increase in delayed payment by customers?
ResponseTotal answers: 137
%
1. Significant7.3%
2.26.3%
3.27%
4.16.1%
5. Insignificant23.4%

(3) To what extent have you had to place more emphasis on controlling liquidity / working capital?
ResponseTotal answers: 137
%
1. Significant21.2%
2.24.8%
3.23.4%
4.15.3%
5. Insignificant15.3%

(4) To what extent have you postponed any investment in plant and equipment?
ResponseTotal answers: 137
%
1. Significant10.2%
2.15.3%
3.16.1%
4.15.3%
5. Insignificant24.1%
6. Not applicable19%

(5) To what extent have you revised output prices?
ResponseTotal answers: 137
%
1. Significantly downwards0.7%
2. Slightly downwards15.3%
3. No change56.9%
4. Slightly upwards20.4%
5. Significantly upwards 0.0%
6. Not applicable6.6%

(6) To whom do you most naturally turn for advice when trading conditions suddenly become more uncertain?
ResponseTotal answers: 137
%
1. Accountant15.3%
2. Bank manager4.4%
3. Business colleagues within the firm33.6%
4. Business colleagues outside the firm16.1%
5. Family and friends2.2%
6. Trade association or other representative organisation11.7%
7. Nobody in particular16.8%

(7) To what extent do you feel that the positive effect of recent interest rate reductions will counterbalance the negative impact of more uncertain trading conditions?
ResponseTotal answers: 137
%
1. Significant4.4%
2.13.1%
3.26.3%
4.29.9%
5. Insignificant26.3%

(8) To what extent is your business constrained by skill shortages?
ResponseTotal answers: 137
%
1 Highly11.7%
216.8%
327%
421.9%
5 Not at all22.6%

(9) To what extent is your business constrained by a lack of finance?
ResponseTotal answers: 137
%
1 Highly16.1%
221.2%
321.2%
417.5%
5 Not at all24.1%

(10) To what extent is your business constrained by low market demand?
ResponseTotal answers: 137
%
1 Highly19.7%
224.1%
325.5%
421.2%
5 Not at all9.5%

(11) Over the last 3 months, has your business:-
ResponseTotal answers: 137
%
Expanded significantly (more than 10%)8%
Expanded somewhat (between 5% to 10%)33.6%
Remained static31.4%
Declined somewhat (between 5% to 10%)20.4%
Declined significantly (more than 10%)6.6%

(12) Over the next 3 months, do you expect your business to:
ResponseTotal answers: 137
%
Expand significantly (more than 10%)7.3%
Expand somewhat (between 5% to 10%)32.1%
Remain static39.4%
Decline somewhat (between 5% to 10%)17.5%
Decline significantly (more than 10%)3.6%