abelianbcci - survey of economic expectations 2015 - barbados

36
1 2015 Survey of Economic Expectations BARBADOS Q1: Do you believe Barbados is in a sustained economic recovery? Answered: 56 Skipped: 0 Answer choices Q1: Do you believe Bar Not Sure 25% 14 No 70% 39 Yes 5% 3 Total 56 Net balance (%): -64% Confidence: VERY LOW 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Not Sure No Yes Q1: Do you believe Barbados is in a sustained economic recovery? Confidence Range Very low Low Balanced Moderate High -20 +20 +60 +100 -100 -60

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Results of the 2015 Survey of Economic Expectations for Barbados.

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Page 1: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

1

2015 Survey of Economic Expectations

BARBADOS

Q1: Do you believe Barbados is in a sustained economic recovery?

Answered: 56 Skipped: 0

Answer choices Q1: Do you believe Barbados is in a sustained economic recovery?

Not Sure 25% 14

No 70% 39

Yes 5% 3

Total 56

Net balance (%): -64%

Confidence: VERY LOW

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Not Sure

No

Yes

Q1: Do you believe Barbados is in a sustained economic recovery?

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 2: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

2

2015 Survey of Economic Expectations

BARBADOS

Q2: What is your prediction for how much longer a full economic

recovery will take?

Answered: 56 Skipped: 0

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Not sure

>4 years

3 - 4 years

2 - 3 years

1 - 2 years

6 months - 1 year

0 - 6 months

Q2: What is your prediction for how much longer a full economic recovery will take?

Answer choices Q2: What is your prediction for how much longer a full economic recovery will take?

Not sure 11% 6

>4 years 23% 13

3 - 4 years 27% 15

2 - 3 years 21% 12

1 - 2 years 18% 10

6 months - 1 year 0% 0

0 - 6 months 0% 0

Total 56

Net balance (%): -54%

Confidence: LOW

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 3: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

3

2015 Survey of Economic Expectations

BARBADOS

Q3: Describe your economic outlook on the national economy for 2015. Answered: 56 Skipped: 0

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Not applicable

Very pessimistic

Somewhat pessimistic

Neutral

Somewhat optimistic

Very optimistic

Q3: Describe your economic outlook on the national economy for 2015.

Answer choices Q3: Describe your economic outlook on the national economy for 2015.

Not applicable 0% 0

Very pessimistic 21% 12

Somewhat pessimistic 45% 25

Neutral 20% 11

Somewhat optimistic 14% 8

Very optimistic 0% 0

Total 56

Net balance (%): -52%

Confidence: LOW

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 4: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

4

2015 Survey of Economic Expectations

BARBADOS

Q4.1: Describe the economic outlook in Barbados for your company, firm

or organisation. Answered: 56 Skipped: 0

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Not applicable

Very pessimistic

Somewhat pessimistic

Neutral

Somewhat optimistic

Very optimistic

Q4.1: Describe the economic outlook in Barbados for yourcompany, firm or organisation.

Answer choices Q4.1: Describe the economic outlook in Barbados for your company, firm or organisation.

Not applicable 0% 0

Very pessimistic 4% 2

Somewhat pessimistic 18% 10

Neutral 23% 13

Somewhat optimistic 41% 23

Very optimistic 14% 8

Total 56

Net balance (%): +34%

Confidence: MODERATE

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 5: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

5

2015 Survey of Economic Expectations

BARBADOS

Q4.2: Describe the economic outlook in Barbados for the industry you

represent. Answered: 56 Skipped: 0

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Not applicable

Very pessimistic

Somewhat pessimistic

Neutral

Somewhat optimistic

Very optimistic

Q4.2: Describe the economic outlook in Barbados for the industry you represent.

Answer choices Q4.2: Describe the economic outlook in Barbados for the industry you represent.

Not applicable 4% 2

Very pessimistic 7% 4

Somewhat pessimistic 46% 26

Neutral 14% 8

Somewhat optimistic 23% 13

Very optimistic 5% 3

Total 56

Net balance (%): -26%

Confidence: LOW

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 6: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

6

2015 Survey of Economic Expectations

BARBADOS

Q4.3: Describe the economic outlook in Barbados for the sector you

represent. Answered: 56 Skipped: 0

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Not applicable

Very pessimistic

Somewhat pessimistic

Neutral

Somewhat optimistic

Very optimistic

Q4.3: Describe the economic outlook in Barbados for the sector you represent.

Answer choices Q4.3: Describe the economic outlook in Barbados for the sector you represent.

Not applicable 2% 1

Very pessimistic 13% 7

Somewhat pessimistic 36% 20

Neutral 23% 13

Somewhat optimistic 23% 13

Very optimistic 4% 2

Total 56

Net balance (%): -22%

Confidence: LOW

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 7: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

7

2015 Survey of Economic Expectations

BARBADOS

Q5: Outside of the current economic challenges, which issue on your opinion is the most pressing for Barbados in 2015?

Answered: 54 Skipped: 2

Page 8: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

8

2015 Survey of Economic Expectations

BARBADOS

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Foreign Direct Investment

Taxes

Crime

Public expenditure cuts

Investor confidence

Infrastructure

Government need to work

Energy costs

Health care

Government regulation

Investment in infrastructure

Lack of ability in the Government to solve the issuesat hand

Business facilitation

Reduce public sector or business corruption andimprove business facilitation

Confidence in government

Financial literacy

government credibility and integrity

Productivity

Crime/ Healthcare

inadequate political leadership causing a lack offoreign investment into Barbados

Restoration of confidence in Barbados

Lack of leadership and a cogent recovery plan. Thatcombined with extremely poor and misleading…

Crime and Public expenditure cuts

THE DEPARTMENTS OF GOVERNMENT ARE NOTWORKING

Crime, taxes & energy cost, public expenditure cuts

Government regulation /restriction on privatesector/ favouritism/no banking regulartion

Replace The Present Government

Crime & Violence - guns and murder are nowcommon place in Barbados

Education

Q5: Outside of the current economic challenges, which issue on your opinion is the most pressing for Barbados

in 2015?

Page 9: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Answer choices Q5: Outside of the current economic challenges, which issue on your opinion is the most pressing for Barbados in 2015?

Foreign Direct Investment 2% 1

Taxes 9% 5

Crime 4% 2

Public expenditure cuts 15% 8

Investor confidence 2% 1

Infrastructure 4% 2

Government need to work 2% 1

Energy costs 7% 4

Health care 7% 4

Government regulation 9% 5

Investment in infrastructure 2% 1

Lack of ability in the Government to solve the

issues at hand 2% 1

Business facilitation 2% 1

Reduce public sector or business corruption and

improve business facilitation 2% 1

Confidence in government 2% 1

Financial literacy 6% 3

government credibility and integrity 2% 1

Productivity 2% 1

Crime/ Healthcare 2% 1

inadequate political leadership causing a lack of

foreign investment into Barbados 2% 1

Restoration of confidence in Barbados 2% 1

Lack of leadership and a cogent recovery plan.

That combined with extremely poor and

misleading communication from the PM

compounds the lack of confidence and gloom. 2% 1

Crime and Public expenditure cuts 2% 1

THE DEPARTMENTS OF GOVERNMENT ARE NOT

WORKING 2% 1

Crime, taxes & energy cost, public expenditure

cuts 2% 1

Government regulation /restriction on private

sector/ favouritism/no banking regulartion 2% 1

Replace The Present Government 2% 1

Crime & Violence - guns and murder are now

common place in Barbados 2% 1

Education 2% 1

Total 54

Page 10: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Q6: How would you rate the overall business climate in Barbados as

compared to that of neighbouring countries? Answered: 56 Skipped: 0

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Not applicable

Poor

Fair

Good

Excellent

Q6: How would you rate the overall business climate in Barbados as compared to that of neighbouring

countries?

Answer choices Q6: How would you rate the overall business climate in Barbados as compared to that of neighbouring countries?

Not applicable 13% 7

Poor 34% 19

Fair 50% 28

Good 4% 2

Excellent 0% 0

Total 56

Net balance (%): -35%

Confidence: LOW

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 11: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Q7: In 2015, do you think capital investment in Barbados will increase,

decrease or stay the same? Answered: 56 Skipped: 0

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Stay the same

Decrease

Increase

Q7: In 2015, do you think capital investment in Barbados will increase, decrease or stay the

same?

Answer choices Q7: In 2015, do you think capital investment in Barbados will increase, decrease or stay the same?

Stay the same 43% 24

Decrease 30% 17

Increase 27% 15

Total 56

Net balance (%): -4%

Confidence: BALANCED

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 12: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Q8: Is Barbados doing enough to attract investment from foreign

companies? Answered: 56 Skipped: 0

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Don't know

No

Yes

Q8: Is Barbados doing enough to attract investment from foreign companies?

Answer choices Q8: Is Barbados doing enough to attract investment from foreign companies?

Don't know 18% 10

No 79% 44

Yes 4% 2

Total 56

Net balance (%): -75%

Confidence: VERY LOW

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 13: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Q9: The corporate tax rate is 25 percent in Barbados. Should Barbados

consider lowering the rate? Answered: 56 Skipped: 0

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Don't know

No

Yes

Q9: The corporate tax rate is 25 percent in Barbados. Should Barbados consider lowering the rate?

Answer choices Q9: The corporate tax rate is 25 percent in Barbados. Should Barbados consider lowering the rate?

Don't know 11% 6

No 36% 20

Yes 54% 30

Total 56

Net balance (%): +18%

Confidence: BALANCED

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 14: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Q10: Please select the TOP THREE factors that have the greatest impact

in retaining or attracting new business to Barbados.

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Geographic location/market proximity

Lending sources

Availability ofeducated workforce

Government taxincentives

Infrastructure

Pro-businessclimate

Barbados taxstructure

Quality of life

Politicalclimate

Q10: Please select the TOP THREE factors that have the greatest impact in retaining or attracting new business to

Barbados.

Answer choices Q10: Please select the TOP THREE factors that have the greatest impact in retaining or attracting new business to Barbados.

Geographic location

/market proximity9% 5

Lending sources 5% 3

Availability of

educated workforce34% 19

Government tax

incentives45% 25

Infrastructure 43% 24

Pro-business

climate68% 38

Barbados tax

structure29% 16

Quality of life 32% 18

Political

climate30% 17

Other 5% 3

Page 15: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Q11: What would you cite as the top financial problems experienced by

businesses in Barbados?

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Onerous collectiveagreements

Delay in tax refunds

Worker's compensationcosts

Lending environment/source of capital

Energy costs

Tax climate

Delayed paymentsfrom private sector

Delayed paymentsfrom public sector

Q11: What would you cite as the top financial problems experienced by businesses in Barbados?

Answer choices Q11: What would you cite as the top financial problems experienced by businesses in Barbados?

Onerous collective

agreements32% 18

Delay in tax refunds 55% 31

Worker's

compensation

costs

14% 8

Lending

environment

/source of capital

39% 22

Energy costs 46% 26

Tax climate 38% 21

Delayed payments

from private sector27% 15

Delayed payments

from public sector48% 27

Other 11% 6

Page 16: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Q12: Which TOP TWO issues need to be addressed in the 2015 session

of Parliament?

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Onerous collectiveagreements

Delay in tax refunds

Worker'scompensation costs

Lending environment/source of capital

Energy costs

Tax climate

Delayed paymentsfor goods/services

Q12: Which TOP TWO issues need to be addressed in the 2015 session of Parliament?

Answer choices Q12: Which TOP TWO issues need to be addressed in the 2015 session of Parliament?

Onerous collective

agreements11% 6

Delay in tax refunds 48% 27

Worker's

compensation costs9% 5

Lending

environment

/source of capital

18% 10

Energy costs 23% 13

Tax climate 43% 24

Delayed payments

for goods/services46% 26

Other 5% 3

Page 17: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

17

2015 Survey of Economic Expectations

BARBADOS

Q13: Do you believe small businesses in Barbados currently have access

to adequate credit to sustain and grow their businesses?

Answered: 55 Skipped: 1

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Don't know

No

Yes

Q13: Do you believe small businesses in Barbados currently have access to adequate credit to sustain

and grow their businesses?

Answer choices Q13: Do you believe small businesses in Barbados currently have access to adequate credit to sustain and grow their businesses?

Don't know 22% 12

No 69% 38

Yes 9% 5

Total 55

Net balance (%): -60%

Confidence: VERY LOW

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 18: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Q14.1: What actions are your company, industry or clients taking on

CAPITAL SPENDING in response to the economic conditions? Answered: 56 Skipped: 0

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Eliminating

Reducing

Maintaining

Increasing

Technologicalinvestment

Q14.1: What actions are your company, industry or clients taking on CAPITAL SPENDING in response to the economic

conditions?

Answer choices Q14.1: What actions are your company, industry or clients taking on CAPITAL SPENDING in response to the economic conditions?

Not applicable 0% 0

Eliminating 7% 4

Reducing 43% 24

Maintaining 29% 16

Increasing 11% 6

Technological

investment 11% 6

Total 56

Net balance (%): -29%

Confidence: LOW

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 19: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Q14.2: What actions are your company, industry or clients taking on

HIRING in response to the economic conditions? Answered: 55 Skipped: 1

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Eliminating

Reducing

Maintaining

Increasing

Technologicalinvestment

Q14.2: What actions are your company, industry or clients taking on HIRING in response to the economic conditions?

Answer choices Q14.2: What actions are your company, industry or clients taking on HIRING in response to the economic conditions?

Not applicable 0% 0

Eliminating 18% 10

Reducing 31% 17

Maintaining 36% 20

Increasing 15% 8

Technological

investment 0% 0

Total 55

Net balance (%): -35%

Confidence: LOW

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 20: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Q14.3: What actions are your company, industry or clients taking on

COMPENSATION in response to the economic conditions? Answered: 54 Skipped: 2

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Eliminating

Reducing

Maintaining

Increasing

Technologicalinvestment

Q14.3: What actions are your company, industry or clients taking on COMPENSATION in response to the economic

conditions?

Answer choices Q14.3: What actions are your company, industry or clients taking on COMPENSATION in response to the economic conditions?

Not applicable 0% 0

Eliminating 6% 3

Reducing 15% 8

Maintaining 67% 36

Increasing 13% 7

Technological

investment 0% 0

Total 54

Net balance (%): -7%

Confidence: BALANCED

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 21: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

21

2015 Survey of Economic Expectations

BARBADOS

Q14.4: What actions are your company, industry or clients taking on

LAYOFFS in response to the economic conditions? Answered: 49 Skipped: 7

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Eliminating

Reducing

Maintaining

Increasing

Technologicalinvestment

Q14.4: What actions are your company, industry or clients taking on LAYOFFS in response to the economic

conditions?

Answer choices Q14.4: What actions are your company, industry or clients taking on LAYOFFS in response to the economic conditions?

Not applicable 0% 0

Eliminating 10% 5

Reducing 16% 8

Maintaining 47% 23

Increasing 27% 13

Technological

investment 0% 0

Total 49

Net balance (%): +0%

Confidence: BALANCED

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 22: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Q14.5: What actions are your company, industry or clients taking on

OUTSOURCING in response to the economic conditions? Answered: 51 Skipped: 5

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Eliminating

Reducing

Maintaining

Increasing

Technologicalinvestment

Q14.5: What actions are your company, industry or clients taking on OUTSOURCING in response to the

economic conditions?

Answer choices Q14.5: What actions are your company, industry or clients taking on OUTSOURCING in response to the economic conditions?

Not applicable 0% 0

Eliminating 10% 5

Reducing 16% 8

Maintaining 45% 23

Increasing 29% 15

Technological

investment 0% 0

Total 51

Net balance (%): +4%

Confidence: BALANCED

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 23: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Q14.6: What actions are your company, industry or clients taking on

EMPLOYEE BENEFITS in response to the economic conditions? Answered: 54 Skipped: 2

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Eliminating

Reducing

Maintaining

Increasing

Technologicalinvestment

Q14.6: What actions are your company, industry or clients taking on EMPLOYEE BENEFITS in response to the

economic conditions?

Answer choices Q14.6: What actions are your company, industry or clients taking on EMPLOYEE BENEFITS in response to the economic conditions?

Not applicable 0% 0

Eliminating 6% 3

Reducing 19% 10

Maintaining 74% 40

Increasing 2% 1

Technological

investment 0% 0

Total 54

Net balance (%): -22%

Confidence: LOW

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 24: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Q14.7: What actions are your company, industry or clients taking on

TRAINING BUDGETS in response to the economic conditions? Answered: 53 Skipped: 3

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Eliminating

Reducing

Maintaining

Increasing

Technologicalinvestment

Q14.7: What actions are your company, industry or clients taking on TRAINING BUDGETS in response to the

economic conditions?

Answer choices Q14.7: What actions are your company, industry or clients taking on TRAINING BUDGETS in response to the economic conditions?

Not applicable 0% 0

Eliminating 6% 3

Reducing 25% 13

Maintaining 49% 26

Increasing 19% 10

Technological

investment 2% 1

Total 53

Net balance (%): -9%

Confidence: BALANCED

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 25: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

25

2015 Survey of Economic Expectations

BARBADOS

Q14.8: What actions are your company, industry or clients taking on

TRAVEL in response to the economic conditions? Answered: 55 Skipped: 1

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Eliminating

Reducing

Maintaining

Increasing

Technologicalinvestment

Q14.8: What actions are your company, industry or clients taking on TRAVEL in response to the economic

conditions?

Answer choices Q14.8: What actions are your company, industry or clients taking on TRAVEL in response to the economic conditions?

Not applicable 0% 0

Eliminating 7% 4

Reducing 47% 26

Maintaining 40% 22

Increasing 5% 3

Technological

investment 0% 0

Total 55

Net balance (%): -49%

Confidence: LOW

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 26: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Q14.9: What actions are your company, industry or clients taking on

ADVERTISING & PROMOTIONS in response to the economic conditions? Answered: 55 Skipped: 1

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Eliminating

Reducing

Maintaining

Increasing

Technologicalinvestment

Q14.9: What actions are your company, industry or clients taking on ADVERTISING & PROMOTIONS in

response to the economic conditions?

Answer choices Q14.9: What actions are your company, industry or clients taking on ADVERTISING & PROMOTIONS in response to the economic conditions?

Not applicable 0% 0

Eliminating 5% 3

Reducing 42% 23

Maintaining 27% 15

Increasing 25% 14

Technological

investment 0% 0

Total 55

Net balance (%): -22%

Confidence: LOW

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 27: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Q14.10: What actions are your company, industry or clients taking on

CLIENT RETENTION in response to the economic conditions? Answered: 56 Skipped: 0

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Eliminating

Reducing

Maintaining

Increasing

Technologicalinvestment

Q14.10: What actions are your company, industry or clients taking on CLIENT RETENTION in response to the

economic conditions?

Answer choices Q14.10: What actions are your company, industry or clients taking on CLIENT RETENTION in response to the economic conditions?

Not applicable 0% 0

Eliminating 2% 1

Reducing 4% 2

Maintaining 57% 32

Increasing 36% 20

Technological

investment 2% 1

Total 56

Net balance (%): +32%

Confidence: MODERATE

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 28: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

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2015 Survey of Economic Expectations

BARBADOS

Q14.11: What actions are your company, industry or clients taking on

CHARITABLE DONATIONS in response to the economic conditions? Answered: 55 Skipped: 1

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Eliminating

Reducing

Maintaining

Increasing

Technologicalinvestment

Q14.11: What actions are your company, industry or clients taking on CHARITABLE DONATIONS in response

to the economic conditions?

Answer choices Q14.11: What actions are your company, industry or clients taking on CHARITABLE DONATIONS in response to the economic conditions?

Not applicable 0% 0

Eliminating 9% 5

Reducing 40% 22

Maintaining 47% 26

Increasing 4% 2

Technological

investment 0% 0

Total 55

Net balance (%): -45%

Confidence: LOW

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 29: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

29

2015 Survey of Economic Expectations

BARBADOS

Q14.12: What actions are your company, industry or clients taking on

PUBLIC SERVICE/NON-BILLABLE ACTIVITIES in response to the economic

conditions? Answered: 54 Skipped: 2

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Eliminating

Reducing

Maintaining

Increasing

Technologicalinvestment

Q14.12: What actions are your company, industry or clients taking on PUBLIC SERVICE/NON-BILLABLE

ACTIVITIES in response to the economic conditions?

Answer choices Q14.12: What actions are your company, industry or clients taking on PUBLIC SERVICE/NON-BILLABLE ACTIVITIES in response to the economic conditions?

Not applicable 0% 0

Eliminating 6% 3

Reducing 19% 10

Maintaining 74% 40

Increasing 2% 1

Technological

investment 0% 0

Total 54

Net balance (%): -22%

Confidence: LOW

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

Page 30: abelianBCCI - Survey of Economic Expectations 2015 - Barbados

30

2015 Survey of Economic Expectations

BARBADOS

Q15: Does you company, firm or organization anticipate increasing,

maintaining or decreasing revenues in 2015 based on the past year's

revenue? Answered: 56 Skipped: 0

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Maintaining

Decreasing

Increasing

Q15: Does your company, firm or organization anticipate increasing, maintaining or decreasing revenues in 2015 based

on the past year's revenue?

Answer choices Q15: Does your company, firm or organization anticipate increasing, maintaining or decreasing revenues in 2015 based on the past year's revenue?

Maintaining 36% 20

Decreasing 18% 10

Increasing 46% 26

Total 56

Net balance (%): +29%

Confidence: MODERATE

Confidence Range

Very low Low Balanced Moderate High

-20 +20 +60 +100-100 -60

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Q16: In which parish of Barbados do you reside?

Answered: 56 Skipped: 0

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

St. Thomas

St. Philip

St. Peter

St. Michael

St. Lucy

St. Joseph

St. John

St. James

St. George

St. Andrew

Christ Church

Q16: In which parish of Barbados do you reside?

Answer choices Q16: In which parish of Barbados do you reside?

St. Thomas 5% 3

St. Philip 4% 2

St. Peter 4% 2

St. Michael 36% 20

St. Lucy 2% 1

St. Joseph 2% 1

St. John 0% 0

St. James 4% 2

St. George 9% 5

St. Andrew 2% 1

Christ Church 34% 19

Total 56

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Q17: Please select which industry your company represents. Answered: 56 Skipped: 0

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Wholesale

Utilities

Transportation

Tourism

Telecommunications

Technology

Retail

Real Estate

Public accounting

Other

Non-profit association

Media/Publishing

Manufacturing

Legal

Insurance

Information Systems

Health care

Government

Financial Services

Financial Institution

Entertainment

Engineering

Education

Consulting

Construction

Business services

Banking

Agribusiness

Q17: Please select which industry your company represents.

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Answer choices Q17: Please select which industry your company represents.

Wholesale 7% 4

Utilities 0% 0

Transportation 4% 2

Tourism 4% 2

Telecommunications 0% 0

Technology 4% 2

Retail 11% 6

Real Estate 0% 0

Public accounting 4% 2

Other 9% 5

Non-profit association 2% 1

Media/Publishing 0% 0

Manufacturing 20% 11

Legal 0% 0

Insurance 5% 3

Information Systems 0% 0

Health care 4% 2

Government 0% 0

Financial Services 5% 3

Financial Institution 0% 0

Entertainment 0% 0

Engineering 2% 1

Education 0% 0

Consulting 2% 1

Construction 4% 2

Business services 11% 6

Banking 0% 0

Agribusiness 5% 3

Total 56

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Q18: Select the number of employees at your company (including

yourself).

Answered: 56 Skipped: 0

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

101 or more

51 - 100

11 - 50

less than 10

Q18: Select the number of employees at your company (including yourself).

Answer choices Q18: Select the number of employees at your company (including yourself).

101 or more 18% 10

51 - 100 11% 6

11 - 50 38% 21

less than 10 34% 19

Total 56

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Q19: Select the title that best represents your position in your company.

Answered: 56 Skipped: 0

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Staff

Sole practitioner

President/CEO

Partner

Manager

Director

Controller

CFO

Q19: Select the title that best represents your position in your company.

Answer choices Q19: Select the title that best represents your position in your company.

Staff 0% 0

Sole practitioner 2% 1

President/CEO 46% 26

Partner 7% 4

Manager 14% 8

Director 27% 15

Controller 4% 2

CFO 0% 0

Total 56

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Q20: Is your company a member of the local Chamber of Commerce?

Answered: 56 Skipped: 0

Q20: Is your company a member of the local Chamber of Commerce?

Yes No Don't know

Answer choices Q20: Is your company a member of the local Chamber of Commerce?

Yes 68% 38

No 30% 17

Don't know 2% 1

Total 56

Average net balance (%): -21%

Confidence: LOW