+2.4 on previous index reading
Key Points
- Industry Pulse up in July
- One in two firms expects to increase basic pay over the next 12 months
- 67% have ambitions to grow their business in the next 1 to 3 years
Industry Pulse
Industry Pulse
Industry Pulse
July 2021
102.3
Industry Pulse
Production
Past 3 Months
47%
38%
15%
Balance +32%
(+12 on previous reading)
Industry Pulse
Production
Next 3 Months
44%
48%
8%
Balance +36%
(-12 on previous reading)
Industry Pulse
Jobs
Past 3 Months
23%
71%
7%
Balance +16%
(-1 on previous reading)
Industry Pulse
Jobs
Next 3 Months
27%
71%
3%
Balance +24%
(+3 on previous reading)
Industry Pulse
Input Costs Excluding Labour
Past 3 Months
70%
27%
3%
Balance +66%
(0 on previous reading)
Industry Pulse
Selling Prices
Next 3 Months
55%
44%
0%
Balance +55%
(+3 on previous reading)
Industry Pulse
Export Orders
Next 3 Months
30%
58%
12%
Balance +18%
Industry Pulse
Pay Intentions
Next 12 Months
Change ResponseIncrease
| > 4% | 17% |
| 2% to 4% | 28% |
| < 2% | 6% |
Stay more or less the same
49%
Decrease
| < 2% | 0% |
| 2% to 4% | 0% |
| > 4% | 1% |
Industry Pulse
Business Ambitions
Next 1 to 3 years
67% growth trajectory
33% less ambitious
19%Confident, actively pursuing opportunities
26% Prefer to stay same size
49%Plan to grow but remain cautious
7%Intend to scale down