BICS weighted Scotland estimates: data to wave 106

Business Insights and Conditions Survey (BICS) weighted Scotland estimates containing data to wave 106 (including data for Wave 105).


Latest main findings for businesses with 10+ employees and a presence in Scotland

  • in Wave 106, 25.0% of applicable businesses reported difficulties in recruiting employees in March 2024
  • in Wave 106, the highest rates of recruitment difficulties were reported by businesses in the Construction (36.7%) and Manufacturing (34.3%) sectors
  • in Wave 106, 23.6% of businesses reported that the prices of materials, goods or services bought in March 2024 had increased compared with February 2024
  • in Wave 106, the industry sector with the highest proportion of businesses reporting increases in the prices of materials, goods and services bought was Accommodation & Food Services (38.9%)
  • in Wave 106, 31.8% of businesses reported that their turnover had increased in March 2024 compared to the previous calendar month - rising to 48.4% of businesses in the Information and communication sector
  • overall, an estimated 16.5% of businesses reported that their turnover had decreased in March 2024 compared to the previous calendar month
  • in Wave 106, 34.2% of businesses thought their performance would increase over the next 12 months. 8.5% expected performance to decrease
  • the main concerns for businesses for May 2024 were falling demand of goods and services (18.1%) and inflation (13.6%). An estimated 16.9% of businesses reported having no concerns

Contact

For enquiries about this publication please contact:

Marina Curran

Business & Innovation Statistics

Office of the Chief Economic Adviser

e-mail: industrystatistics@gov.scot

 

For general enquiries about Scottish Government statistics please contact:

Office of the Chief Statistician

e-mail: statistics.enquiries@gov.scot

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