+14.2 on previous index reading
Key Points
- Services Pulse up in April
- Three in ten firms expect to increase basic pay over the next 12 months
- 65% have ambitions to grow their business in the next 1 to 3 years
Services Pulse
Services Pulse
Services Pulse
April 2021
87.8
Services Pulse
Demand / Turnover
Past 3 Months
25%
46%
29%
Balance -4%
(+18 on previous reading)
Services Pulse
Demand / Turnover
Next 3 Months
50%
42%
9%
Balance +41%
(+11 on previous reading)
Services Pulse
Jobs
Past 3 Months
8%
81%
11%
Balance -3%
(+12 on previous reading)
Services Pulse
Jobs
Next 3 Months
26%
72%
2%
Balance +24%
(+10 on previous reading)
Services Pulse
Input Costs Excluding Labour
Past 3 Months
34%
58%
8%
Balance +26%
(+10 on previous reading)
Services Pulse
Selling Prices
Next 3 Months
20%
77%
3%
Balance +16%
(+6 on previous reading)
Services Pulse
Export Orders
Next 3 Months
43%
50%
7%
Balance +35%
Services Pulse
Pay Intentions
Next 12 Months
Change ResponseIncrease
| > 4% | 11% |
| 2% to 4% | 14% |
| < 2% | 4% |
Stay more or less the same
68%
Decrease
| < 2% | 0% |
| 2% to 4% | 1% |
| > 4% | 1% |
Services Pulse
Business Ambitions
Next 1 to 3 years
65% growth trajectory
35% less ambitious
24%Confident, actively pursuing opportunities
27% Prefer to stay same size
41%Plan to grow but remain cautious
8%Intend to scale down