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Survey of Economic Activity (Quarter 4, 2004)

Published: Monday May 30th, 2005

The Central Bank of the Bahamas announces the release of the results from its first Survey of Economic Activity.

The Bank launched the Survey in January 2005 to collect feedback on current conditions and expectations from among non-bank private sector business. Through this exercise, the Bank seeks to obtain better information on how macro-economic trends are affecting various segments of the economy, shedding current light on consumption and investment trends and on business intentions on future hiring and investments.

Opinion surveys of this nature are common among central banks. This particular exercise is modelled after the frameworks used in the US, UK and Japan.