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Services Pulse

Services Pulse

July 2020

Key Points

  • Services Pulse up in July
  • Improvement in recent trading conditions
  • Near-term expectations for business activity pared back a little

Services Pulse

July 2020

Services Pulse

July 2020

58.6

+7.4 on previous index reading

Services Pulse

July 2020

Demand / Turnover

Past 3 Months

Shape Created with Sketch. 18%
21%
61%

Balance -44%

(+13 on previous reading)

Services Pulse

July 2020

Demand / Turnover

Next 3 Months

Shape Created with Sketch. 46%
32%
21%

Balance +25%

(-2 on previous reading)

Services Pulse

July 2020

Jobs

Past 3 Months

Shape Created with Sketch. 6%
59%
35%

Balance -29%

(+12 on previous reading)

Services Pulse

July 2020

Jobs

Next 3 Months

Shape Created with Sketch. 20%
70%
9%

Balance +11%

(-7 on previous reading)

Services Pulse

July 2020

Input Costs Excluding Labour

Past 3 Months

Shape Created with Sketch. 25%
53%
22%

Balance +4%

(+23 on previous reading)

Services Pulse

July 2020

Selling Prices

Next 3 Months

Shape Created with Sketch. 13%
78%
9%

Balance +4%

(+1 on previous reading)

Services Pulse

July 2020

Export Orders

Next 3 Months

Shape Created with Sketch. 29%
54%
16%

Balance +13%

Services Pulse

July 2020

Pay Intentions

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 4% 8%
2% to 4% 7%
< 2% 2%
Stay more or less the same
75%
Decrease
< 2% 1%
2% to 4% 1%
> 4% 6%

Services Pulse

July 2020

Business Ambitions

Next 1 to 3 years

55% growth trajectory
45% less ambitious

17%Confident, actively pursuing opportunities

34% Prefer to stay same size

38%Plan to grow but remain cautious

11%Intend to scale down