SURVEY OF ECONOMIC ACTIVITY
Research Department
Administration District
Telephone: (242) 302-2655
Facsimile: (242) 356-4324
Email: research@centralbankbahamas.com
Island
OFFICE USE ONLY
Rec’d:
_______________
Checked
_______________
Date
Period Ended: January - June 2005
PLEASE READ THIS FIRST
Who Should Participate in this Survey: This version of the Survey of Economic Activity is to be filled out by Family Island
Local Administrators. A different version of this survey is available from The Central Bank of The Bahamas Research
Department for businesses that wish to communicate a more detailed response.
Purpose of Collection: This survey collects information on local administrators’ assessment of the state of the business
operations in their districts, including the anticipated outlook for the operations and future intentions concerning
employment and investments.
Confidentiality: The Bank guarantees the confidentiality of your completed form; only consolidated statistics are
published.
Due Date: Please return the completed form to the Research Department by July 29 2005.
Estimates acceptable: Please answer the following questions based on your best estimate of the business activity on
your District.
Some Responses Optional: Respondents may elect not to provide responses to some of the follow-up questions in the
shaded portions of this form.
Help is Available: For any assistance, please contact the following persons in the Research Department, either via email
or at the telephone numbers shown above:
Mrs. Shaniska Adderley, Sr. Research Assistant (SSAdderley@centralbankbahamas.com)
Please keep a copy of this form: This will help us to resolve any queries that we might have.
Thank you: Accurate statistics rely on your cooperation.
PERSON WHO SHOULD BE CONTACTED IF QUERIES ARISE REGARDING THIS FORM.
Name
Telephone
Title:
Facsimile
Email:
Central Bank of The Bahamas
2
Survey of Economic Activity
A. General Information
A1. Date
A2. Accounting Period
January - June 2005
A3. Location
i) Administration District:
ii) Island:
A4. Estimated Population
B.
Employment Conditions
B1. Based on your knowledge, please rank the following industries in the District by
number of employees, 1 being the most important, and 7 being the least:
Rank
Estimated Number of Employees
Manufacturing
Agriculture & Fisheries
Construction
Hotels & Restaurants
Retail (Distribution)
Wholesale
Other
(Please specify)
Please give your assessment of the following business conditions within your district
by checking the appropriate response:
B2. Current employment conditions in your District, relative to the availability and
ability to find jobs.
Favorable
Not so favorable
Unfavorable
B3. Forecast of expected employment conditions for the next 12 months:
Favorable
Not so favorable
Unfavorable
B3. Average skills level of labor force, relative to the needs of businesses in the District :
Adequate
Not Adequate
Central Bank of The Bahamas
3
Survey of Economic Activity
C. Market Conditions
Please give your assessment of the following regarding the top 3 most important
industries in the district:
C1. Current market conditions: i.e. ability to generate sales or attract customers
Favorable
Not so favorable
Unfavorable
C2. Forecast of expected market conditions for the next 12 months
Favorable
Not so favorable
Unfavorable
C3. Current or available production/sales capacity in your district
Excessive capacity
Adequate capacity
Insufficient capacity
C4. Forecast of expected production capacity in your district for the next 12 months
Excessive capacity
Adequate capacity
Insufficient capacity
C5. Please explain your reason for C4
Higher
Lower
Higher
Lower
Higher
Lower
Higher
Lower
Higher
Lower
Investment in infrastructure
Private investment
Human Capital & Expertise
Productivity
Other ……..
C6. Average incomes earned in the district compared to same period last year
Higher
Unchanged
Lower
C7. Forecast of average net incomes in the district over the next 12 months
Higher
Unchanged
Lower
D. Business Problems and Concerns
Using the list below please indicate your understanding of the most important private
sector business concerns and problems in the district. Please rank in order of
importance, 1 being the most important and 12 the least.
Inflation
Interest Rates/Access to Finance
Exchange Rates
Premises/Rent/Rates
Marketing Problems
Lack of Skilled Employees
Central Bank of The Bahamas
4
Survey of Economic Activity
General Economic Climate
Lack of Time/Production Capacity
Competition from Big Business
Cash Flow/Debtors
Transportation
Other (Please specify)
E. Additional Comments
Please provide any additional comments you might have in the space provided below:
F. Contact Information
Completed survey responses may be returned to the Manager, Research Department,
The Central Bank of The Bahamas, Box N-4868, Nassau, Bahamas (email:
research@centralbankbahamas.com, fax: +1 (242) 356-4324).
Thank you for your cooperation.