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).


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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