BICS weighted Scotland estimates: data to wave 59

Business Insights and Conditions Survey (BICS) weighted Scotland estimates containing data to wave 59.


Trading Status

The BICS asks businesses about their trading status: the specific question  asked is shown below. Businesses were asked for their current trading status at the time of completion of the survey questionnaire (13 June to 26 June 2022 in Wave 59).

Trading Status Question: Which of the following statements best describes your business’s trading status?

  • currently fully trading
  • currently partially trading
  • paused trading but intends to restart in the next two weeks
  • paused trading and does not intend to restart in the next two weeks
  • has permanently ceased trading

‘Currently fully trading’ and ‘Currently partially trading’ have been combined to ‘Currently Trading’.

Figure 1: In the period 13 June to 26 June 2022 (Wave 59), the share of businesses ‘currently trading’ was estimated at 98.5%, broadly in line with the previous period (30 May to 12 June 2022).Line chart showing share of businesses that are currently trading from June 2020 to June 2022

Source: Office for National Statistics – BICS – Weighted Scotland Estimates – Wave 7 to Wave 59

Figure 2: In the period 13 June to 26 June 2022, the share of businesses reporting that they were fully trading was estimated at 95.5%. The Accommodation & Food Services continued to be the industry sector with the lowest share of “fully trading” businesses, estimated at 84.6%.

Bar chart showing trading status by industry in Wave 59

Source: Office for National Statistics – BICS – Weighted Scotland Estimates – Wave 59

Contact

For enquiries about this publication please contact:

Marina Curran

Business & Innovation Statistics

Office of the Chief Economic Adviser

e-mail: marina.curran@gov.scot or industrystatistics@gov.scot

 

For general enquiries about Scottish Government statistics please contact:

Office of the Chief Statistician

Telephone: 0131 244 0442

e-mail: statistics.enquiries@gov.scot

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