St. Maarten Department of Statistics polling businesses on confidence and turnover

POSTED: 11/1/11 12:34 PM

St. Maarten – The Department of Statistics (Stat) conducts a Business Cycle Survey for the second half of 2011 starting today. The interviews with business people will continue until December 16.

This survey is conducted twice per year in all businesses with more than 10 employees and a sample of businesses with between three and 10 employees. The survey’s purpose is to collect up-to-date information on business and economic developments for industries and the business sector as a whole. The department hopes to capture the current opinions and expectations of entrepreneurs in the areas of economic development and the investment climate on St. Maarten.

Interviewers will approach and distribute the questionnaires to the businesses and provide additional assistance if it is needed. The questions cover turnover, investments made, competitive status and personnel situation during 2011. There are also questions linked to indicators about a business person’s confidence in the St. Maarten economy during the coming period.

A release from the Department of Statistics states, “With this information available, government and entrepreneurs can take better, quicker and well-founded decisions. The input of the private sector in this survey will be highly appreciated and is essential for its success. Stat therefore appeals to all businesses approached to cooperate, only then can Stat timely analyze and publish the survey results for the benefit of the government and the private sector.”

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