-2.8 on previous index reading
Key Points
- Industry Pulse down in January
- One in two firms expect to increase basic pay over the coming year
- 72% have ambitions to grow their business in the next 1 to 3 years
Industry Pulse
Industry Pulse
Industry Pulse
January 2019
88.9
Industry Pulse
Production
Past 3 Months
41%
50%
9%
Balance +31%
(-1 on previous reading)
Industry Pulse
Production
Next 3 Months
45%
49%
6%
Balance +39%
(+13 on previous reading)
Industry Pulse
Jobs
Past 3 Months
16%
79%
5%
Balance +10%
(-1 on previous reading)
Industry Pulse
Jobs
Next 3 Months
18%
78%
4%
Balance +14%
(+4 on previous reading)
Industry Pulse
Input Costs Excluding Labour
Past 3 Months
46%
51%
3%
Balance +43%
(-7 on previous reading)
Industry Pulse
Selling Prices
Next 3 Months
27%
70%
3%
Balance +25%
(-7 on previous reading)
Industry Pulse
Export Orders
Next 3 Months
33%
58%
9%
Balance +24%
Industry Pulse
Pay Intentions
Next 12 Months
Change ResponseIncrease
| > 4% | 10% |
| 2% to 4% | 37% |
| < 2% | 4% |
Stay more or less the same
48%
Decrease
| < 2% | 0% |
| 2% to 4% | 0% |
| > 4% | 0% |
Industry Pulse
Business Ambitions
Next 1 to 3 years
72% growth trajectory
28% less ambitious
17%Confident, actively pursuing opportunities
25% Prefer to stay same size
55%Plan to grow but remain cautious
3%Intend to scale down