The majority of indicators for the finance industry were either positive or strongly positive, whilst four of the indicators – for Business Activity, Profitability, Employment and Future Business Activity – improved. The three month snapshot of industry activity is included in the Jersey Business Tendency Survey published Friday (April 10) for the quarter ending March 2015 by the States of Jersey Statistics Unit.
Geoff Cook, commented:
“Whilst we should not draw too many long term conclusions from a three month period, we can nevertheless be encouraged by the general positive trend displayed, both for the finance industry and the wider commercial sector, as the business activity indicator for all sectors was the highest since the survey was introduced in 2009.
“Business optimism for the finance industry was unchanged from the previous quarter, indicating a consistent level of optimism about future growth and particularly encouraging was the profitability indicator for the sector which showed significant improvement once again, returning to the positive levels reported in mid-2014.”