My company has recently created a “business index” to gauge the economic state of business based on global survey results of retailers, service companies, and manufacturing companies all around the world.
The statistics gathered from the survey results are intended to keep small business owners, entrepreneurs, and companies, as well as the general public, educated and informed as to the changing state of the global business economy and the current business trends that become apparent over time.
The January, 2011 BNI Business Index Report (based on the 4th Quarter of 2010) represents the first report published by BNIBusinessIndex.com.
Over 5,000 businesses from every populated continent in the world participated in this survey. According to our findings for the 4th Quarter of 2010, 67.8% of all businesses surveyed stated that business was growing or growing substantially compared to the same time the previous year. Only 7.9% stated that business was declining or declining substantially. Just over 24% of the respondents felt that business was flat during the last quarter of 2010 compared to the same time period one year earlier.
This appears to be very good news for the recession weary business community. For more details on these and other findings, go to www.BNIBusinessIndex.com.
Take a moment to share with me how business is doing for you. Do these findings track with your experience? Let me know here.