1. Flash Indicator for the Business Sentiment
Third International Seminar on Early Warning and Business Cycle Indicators
Moscow November 2010
Kaisa Ben Daher
National Accounts
Statistics Sweden

2. Flash Indicator for the Business Sentiment
Early indicator of the business cycle of large enterprises
Based on phone interviews
Corporate management people
2 times every year
Published within the same month as the interviews are made

3. The survey design 320 enterprises are interviewed
18 different branches/industries
Cut-of sample - largest enterprises measured by number of employees included
Response rate about 92 % - measured as percentage of the number of firms in the sample

4. Questions asked 1. How do you assess the current business sentiment?
Very satisfying/Satisfying/Poor
2. What are your expectations for the next 6 months?
Improved/Unchanged/Deteriorated
3. Where in the business cycle do you place your company?
On the way up/On the top/On the way down/On the bottom

5. Results presented As a percentages for each alternative reply
Net results for business sentiment and future expectations – the difference between the share that has given a positiv answer and the share that has given a negativ answer

6. Business sentiment October 2010 percent and net figures

7. Business sentiment time series net figures

8. Position in the business cycle October 2010 percentage

9. Business sentiment forecast percentage and net figures