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Services Pulse

Services Pulse

March 2019

Key Points

  • Services Pulse down in March
  • 32% of firms to increase investment spending this year
  • Replacing and maintaining plant and equipment the main focus

Services Pulse

March 2019

Services Pulse

March 2019

94.7

-2.0 on previous index reading

Services Pulse

March 2019

Demand / Turnover

Past 3 Months

Shape Created with Sketch. 32%
53%
15%

Balance +17%

(-2 on previous reading)

Services Pulse

March 2019

Demand / Turnover

Next 3 Months

Shape Created with Sketch. 47%
46%
6%

Balance +41%

(-2 on previous reading)

Services Pulse

March 2019

Jobs

Past 3 Months

Shape Created with Sketch. 9%
86%
6%

Balance +3%

(0 on previous reading)

Services Pulse

March 2019

Jobs

Next 3 Months

Shape Created with Sketch. 18%
79%
2%

Balance +16%

(+1 on previous reading)

Services Pulse

March 2019

Input Costs Excluding Labour

Past 3 Months

Shape Created with Sketch. 45%
53%
3%

Balance +42%

(+5 on previous reading)

Services Pulse

March 2019

Selling Prices

Next 3 Months

Shape Created with Sketch. 25%
73%
1%

Balance +24%

(-3 on previous reading)

Services Pulse

March 2019

Investment Intentions

2019

Shape Created with Sketch. 32%
57%
11%

Balance +21%

Services Pulse

March 2019

Type of Investment 2019

  • Replacement & Maintenance 52%
  • ICT 39%
  • Other 39%
  • New Premises & Equipment 21%

Services Pulse

March 2019

Brexit Impact on 2019 Investment Decisions*

  • No Impact 38%
  • Plans on Hold 52%
  • Cancelled Some/All Investment 6%
  • Expecting New Opportunities 4%
  • *Firms that Brexit is relevant for

Services Pulse

March 2019

Impact of recent/prospective US policy changes on 2019 investment decisions*

  • No Impact 80%
  • Plans on Hold 17%
  • Cancelled Some/All Investment 1%
  • Expecting New Opportunities 2%
  • *Firms that US policy is relevant for