Small Business Sentiment in the United Kingdom decreased to -34 in the fourth quarter of 2019 from -24 in the third quarter of 2019. Small Business Sentiment in the United Kingdom averaged -4.56 from 1978 until 2019, reaching an all time high of 40 in the second quarter of 1983 and a record low of -69 in the third quarter of 1980. source: Confederation of British Industry
Small Business Sentiment in the United Kingdom is expected to be -24.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Small Business Sentiment in the United Kingdom to stand at -12.00 in 12 months time. In the long-term, the United Kingdom Small Business Sentiment is projected to trend around -6.00 in 2020, according to our econometric models.
United Kingdom Small Business Sentiment
In the United Kingdom, the Small Business Sentiment measures measures the expectations of business conditions for companies with up to 199 employees. The Questionnaire accesses the overall sentiment regarding general and export business situation, investment, capacity, order books, employment, output, stocks, prices competitiveness regarding domestic, EU and non-EU markets and innovation and training. For each assessment is computed a sub-index as the percentage of positive answers minus the percentage of negative answers. The composite index is then computed as the weighted average of the sub-indices. An Optimism Index of +100 indicates that all survey respondents are much more confident about future prospects, while -100 suggests that all survey respondents are much less confident about future prospects. An index level of 0 indicates neutrality.