BICS weighted Scotland estimates: data to wave 100

Business Insights and Conditions Survey (BICS) weighted Scotland estimates containing data to wave 100

This document is part of a collection

Latest main findings for businesses with 10+ employees and a presence in Scotland

  • in Wave 100, 28.5% of applicable businesses reported difficulties in recruiting employees in December 2023
  • the highest rates of recruitment difficulties were reported by businesses in the Arts, entertainment and recreation (39.9%) and Administrative and support services sectors (38.6%)
  • in Wave 100, 24.2% of businesses reported that the prices of materials, goods or services bought in December 2023 had increased compared with November 2023
  • the industry sector with the highest proportion of businesses reporting increases in the prices of materials, goods and services bought was Accommodation & Food Services (39.5%).
  • in Wave 100, 30.5% of businesses reported that their turnover had decreased in December 2023 compared to the previous calendar month - rising to 43.8% of businesses in the Manufacturing sector
  • overall, an estimated 20.5% of businesses reported that their turnover had increased in December 2023 compared to the previous calendar month
  • in Wave 100, 39.3% of businesses thought their performance would increase over the next 12 months. 7.3% expected performance to decrease
  • the main concerns for businesses for February 2024 were falling demand of goods and services prices (16.6%), energy prices (13.1%) and inflation (10.5%). An estimated 17.0% of businesses reported having no concerns


For enquiries about this publication please contact:

Marina Curran

Business & Innovation Statistics

Office of the Chief Economic Adviser


For general enquiries about Scottish Government statistics please contact:

Office of the Chief Statistician


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