St. Maarten Government seeks data from businesses, economic industries

POSTED: 06/1/11 12:18 PM

St. Maarten – The Department of Statistics (STAT) will conduct a Business Cycle Survey for the first half of 2011, starting on Friday June 3. The survey will run until July 15.
The survey is done twice per year to collect up-to-date information on business and economic developments for industries and the business sector as a whole. STAT also hopes to capture the current opinions and expectations of entrepreneurs in the areas of economic development and the investment climate on St. Maarten.
The survey will be conducted among all businesses with more than ten employees and with a sample of businesses with three to ten employees. STAT interviewers will approach and distribute the questionnaires to the businesses. Interviewers will also provide assistance to businesses that need it.
Businesses can expect questions on the level of their turnover, investments made, their competitive status and the company’s personnel situation over the first half of 2011. There are also questions on the entrepreneur’s perception on a number of indicators and his/her confidence in the St. Maarten economy during the coming period.
“With this information, 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,” the Department Head Makini Richardson wrote in a press statement.

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