Article: Business Trends

14 September 2015

The UK economy is at a cross roads. Whilst a recovery in the economy is taking hold, much of it is being driven by consumer spending as the UK risks repeating the mistakes of the past.   

With the UK facing strong global headwinds, the Government is leading the charge for a balanced economy to ensure our recovery becomes more entrenched. With so much at stake, having a clear understanding of the how our economy is performing has never been so important.

BDO's Business Trends report is one of the key bellwethers of the economy and gives an accurate and up-to-date picture of the environment that businesses are facing.

Business Trends is calculated by taking a weighted average of the results of the UK's main business surveys. It incorporates the results of the quarterly CBI Industrial Trends Survey (and the CBI Monthly Trends Enquiry which is carried out in the intervening months); the Bank of England Agents' summary of business conditions; and the Markit/CIPS Manufacturing and Services PMI data.

Business Trends covers over 4,000 different respondents from companies employing approximately five million employees. Together they make up the most representative measure of business trends available.

Read our commentary on the latest report.

Download August 2016 report

What Is Business Trends?

Since 1992 the BDO Business Trends Report has provided the most representative monthly measure of business trends available. The results can not only be used as indicators of turning points in the economy but also, because of their method of construction, be seen as leading indicators of the rates of inflation and growth.


How Is Business Trends Prepared?

Indices are prepared on behalf of BDO LLP by the Centre for Economics and Business Research Ltd, a leading independent economics consultancy.

Survey's Contributing To Business Trends

Four indices covering inflation, employment, output and optimism are calculated by taking a weighted average of the results of the UK's main business surveys:       

  • CBI Industrial Trends Survey
  • CBI Monthly Trends Enquiry
  • Bank of England Agents' summary of business conditions
  • Markit/CIPS Manufacturing and Services PMI data    

Taken together the surveys cover over 4,000 different respondents from companies employing approximately five million employees. The respondents cover a range of different industries and a range of different business functions.

Previous Reports

2016 

BDO Business Trends - July 2016 
BDO Business Trends - June 2016 
BDO Business Trends - May 2016
BDO Business Trends - April 2016 
BDO Business Trends - March 2016
BDO Business Trends - February 2016
BDO Business Trends - January 2016

2015

BDO Business Trends - December 2015
BDO Business Trends - November 2015
BDO Business Trends - October 2015
BDO Business Trends - September 2015
BDO Business Trends - August 2015
BDO Business Trends - July 2015
BDO Business Trends - June 2015
BDO Business Trends - May 2015
BDO Business Trends - April 2015
BDO Business Trends - March 2015
BDO Business Trends - February 2015
BDO Business Trends - January 2015

2014

BDO Business Trends - December 2014
BDO Business Trends - November 2014
BDO Business Trends - October 2014
BDO Business Trends - September 2014
BDO Business Trends - August 2014
BDO Business Trends - July 2014
BDO Business Trends - June 2014
BDO Business Trends - May 2014
BDO Business Trends - April 2014
BDO Business Trends - March 2014 
BDO Business Trends - February 2014
BDO Business Trends - January 2014 

2013

BDO Business Trends - December 2013
BDO Business Trends - November 2013
BDO Business Trends - October 2013
BDO Business Trends - September 2013
BDO Business Trends - August 2013
BDO Business Trends - July 2013
BDO Business Trends - June 2013
BDO Business Trends - April 2013
BDO Business Trends - March 2013
BDO Business Trends - February 2013
BDO Business Trends - January 2013