•  

    Industry Watch

    Gauging the UK’s economic health

    Q2 2017 reading:
    -4
     
 
Live data
 
Forecast
 
 
 
 
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4

Introduction

BDO’s Industry Watch is a quarterly measure of the health of the UK business climate, designed to provide intelligent debate for business owners, investors and other stakeholders.

Built upon a robust and comprehensive range of economic indicators, Industry Watch assigns a value between -50 and +50 to represent the health of the UK economic environment in the most recent quarter for which data is available, plus a forecast of the following two quarters.

It provides a reading for the UK economy as a whole, plus a sector-by-sector breakdown, highlighting seven key sectors of the UK economy: Public Sector, Manufacturing, Real Estate & Construction, Technology & Communications, Financial Services, Business Services, and Retail & Wholesale.

The Industry Watch scores for each sector, as well as overall, are based on a combined index of changes in several key components. The key components are lending, employment, and insolvencies, as well as business confidence. Some sectors include sector-specific components – for example, Manufacturing includes order books.

In each reading, a score of zero represents the long-term average, with a reading above or below zero signifying a more positive or negative business climate.

Each quarter, we take an in-depth look at the health of one of the seven key UK sectors analysed by Industry Watch. This quarter, our In-Focus is Retail.

Tony Nygate, Business Restructuring Partner