BICS weighted Scotland estimates: data to wave 80

Business Insights and Conditions Survey (BICS) weighted Scotland estimates containing data to wave 80 (including data for Wave 79).

This document is part of a collection


Turnover

In Wave 80 businesses were asked how their turnover compared with the previous calendar month.

Figure 4: In Wave 80, 38.1% of businesses reported that their turnover had increased in March 2023 compared to February 2023. Whereas 9.6% of businesses reported that their turnover had decreased over this period – rising to 21.0% of businesses in the Administration & Support Services industry sector, and 18.4% in the Construction sector.

A bar chart showing that 9.6% of businesses reported that their turnover had decreased in March 2023 compared to February 2023.

Source: Office for National Statistics – BICS – Weighted Scotland Estimates – Wave 80

The top three challenges reported by businesses as impacting their turnover were the cost of labour (32.6%), the cost of materials (28.9%) and economic uncertainty (26.5%).

Contact

For enquiries about this publication please contact:

Marina Curran

Business & Innovation Statistics

Office of the Chief Economic Adviser

e-mail: marina.curran@gov.scot or industrystatistics@gov.scot

 

For general enquiries about Scottish Government statistics please contact:

Office of the Chief Statistician

Telephone: 0131 244 0442

e-mail: statistics.enquiries@gov.scot

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