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Businesses are slow to increase prices and hence operational profit is lagging behind

The most recent Behaviour & Attitudes Business Confidence tracker is showing strong signs of improvement in business confidence year on year.  The second quarter business performance is significantly ahead of where we were for the equivalent period in 2013. This is really good news but perhaps of even greater importance is that this improvement is now emanating from businesses of all sizes – not just larger companies, as well as from both export and non-export companies.

Commenting on the findings of the latest survey, Elaine Sloan, Director at Behaviour & Attitudes said ”Business activity and confidence is strong. Still, despite increased activity operational profit is lagging behind.  One piece of good news is that we have started to increase our levels of employment and this momentum is picking up compared with earlier in the year.

Research Methodology

The current survey was carried out as part of the ongoing Behaviour & Attitudes’ Business Confidence Barometer, which has been running since the end of 2010. The survey was conducted between the 21st and 29th July 2014 among 350 Business owners/managers.  Interviewing is handled over the telephone through our CATI unit at our offices in Milltown and is controlled by region and company size.

This survey is an omnibus where additional questions can be included as a separate and unique section.

To read the report, click here

For enquiries, quotations or further information please contact:

Elaine Sloan
Director
Behaviour & Attitudes
elaine@banda.ie

 

David McCarthy
Senior Research Executive
Behaviour & Attitudes
david.mccarthy@banda.ie

 

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