Statistics Jersey has today published the December Business Tendency Survey (BTS) report.
New online format
From this quarter, BTS is being published online, instead of the previous PDF format. This change is part of our longer-term plan to move our reports to web-based formats, improving accessibility and making our statistics easier to find, use and share.
December 2025 Headlines
- the all-sector recent business activity indicator was neutral, with a balance of 0 percentage points (pp)
- the expectation for future business activity was moderately positive, with a balance of +13 pp
- the labour costs and non-labour input costs indicators had strongly positive balances of +33 pp and +43 pp, respectively, indicating more businesses reported rising costs than falling costs; future expectations of the balance for March 2026 were similar
- staff and/or skills shortages continued to be the most prominent limiting factor affecting businesses (52%)
- in respect of sectoral differences:
- in the finance sector, more businesses reported increases in activity, with further increases of activity, costs, selling prices, and profitability in the three months to March 2026
- in the non-finance sector, increased costs continue to be reported by businesses, as well as weak activity and profitability.
Statistics Jersey welcomes feedback on the survey and report via info@stats.je.