abelianbcci - survey of economic expectations 2015 - barbados
DESCRIPTION
Results of the 2015 Survey of Economic Expectations for Barbados.TRANSCRIPT
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
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
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
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
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
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
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
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?
9
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
10
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
11
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
12
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
13
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
14
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
15
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
16
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
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
18
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
19
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
20
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
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
22
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
23
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
24
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
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
26
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
27
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
28
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
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
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
31
2015 Survey of Economic Expectations
BARBADOS
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
32
2015 Survey of Economic Expectations
BARBADOS
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.
33
2015 Survey of Economic Expectations
BARBADOS
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
34
2015 Survey of Economic Expectations
BARBADOS
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
35
2015 Survey of Economic Expectations
BARBADOS
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
36
2015 Survey of Economic Expectations
BARBADOS
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