The Quarterly Business Climate Survey of IEER is based on the answers of 400 CEO respondents, now surveyed about their business situation and expectations. The Quarterly Business Climate Index and the Quarterly Uncertainty Index were calculated from the full sample of 300 small and medium-sized enterprises (20-249 employees) and 100 large enterprises (250+ employees). For small and medium-sized enterprises, the SME Outlook Business Climate Index and the SME Outlook Uncertainty Index were calculated.
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International trends
The following summary comprises the latest results gained from the largest representative survey series on the Hungarian labor market, made by IEER annually. In the study 6781 company leaders’ answers on employment, on the company’s business situation and on future expectations were registered and analyzed. The history of the survey series targeting short term expectations of the labor market goes back to the years following the regime change of 1989-90 in Hungary. The latest survey in this research program took place in September and October 2018 as the eleventh occasion of the collaboration between the Hungarian Ministry of Finance and the Institute for Economic and Enterprise Research (IEER) to forecast the short term economic prospects of the private sector, and to review corporations’ labor market decisions in an empirical study.
Read more >>>The latest Business Climate Survey of IEER is based on the answers of 2830 CEO respondents. According to the results, Business Climate Index was at 55 points as of October 2018, which has been the highest since records began in 1998. Trends that had started to improve in the previous half continued. Business climate is still regarded by companies as being very favourable, which can mainly be put down to the fact that expectations about investments in construction and machinery became significantly more optimistic in the previous half year. Uncertainty Index, currently at 37 points, is down two points compared to April 2018 results, meaning that the situation assessment of Hungarian businesses have become more homogeneous in the past two quarters.
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This analysis is based on the July 2018 wave of IEER's Quarterly Business Climate Survey, in which 400 CEOs were involved. The sample, the structure of which is the same each quarter, contains 300 small and medium-sized enterprises (20-249 employees) and 100 large enterprises (250+ employees). Economic output and sectors are both representative. The survey mainly concerns the business situation and short-term business expectations of enterprises. Also featured in this wave is the popularity of various types and forms of fringe benefits.
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This analysis is based on the July 2018 wave of IEER's Quarterly Business Climate Survey, in which 400 CEOs were involved. The structure of the sample is the same each quarter: it contains 300 small and medium-sized enterprises (20-249 employees) and 100 large enterprises (250+ employees). Economic output and sectors are both representative. The survey mainly concerns the business situation and short-term business expectations of enterprises. In this wave, the popularity of supplier activity was also surveyed.
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The Quarterly Business Climate Index survey of IEER reveals the opinion of 400 managers on the situation and the outlook of their businesses. The basis used for calculating the Quarterly Business Climate Index and the Quarterly Uncertainty Index is a sample of 300 small and medium-sized enterprises (20-249 employees) and 100 large enterprises (employing 250 persons or more). Surveyed small and medium-sized enterprises were evaluated by using our SME Outlook Business Climate Index and SME Outlook Uncertainty Index.
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