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while that just the summary report the full report is avaliable here http://www.carifinanceonline.com/featured/pdfs/caribbean-consumer-sentiment-survey-q3-2011.pdf
As it relate to Barbados. consumer sentiment is down 4 points to 60 points in Q3 from a 64 point in Q1 and Q2. Most countries grew with the exception of barbados, dominica and greneda. current econmic condition index barbados remain flat with 62 point, Q2 was also 62 point with q1 60. consumer expectation continues their decline to drop 6 point to 59 point. Q2 was 65 point and q1 was 66 points.In current personal finical situation index drop 12 point to 57points. Q2 was 69 point and Q1 81 points. Expect personal finical situation also drop 12 point to 86. Q2 was 98 point q1 101 points. Barbados raised 8 point to 64 in the current buisness condition. Q2 was 56 points and q1 was 66 point. expect buisness condition drop 7 point to 69 point. Q2 was 76 point and q1 was 87 points. buying condition index was raised 2 point to 91 point. Q2 was 89 point Q1 71 points.
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the barbados summary page showing the q1,q2,q3 in the report need editing as some of the figure don’t represent the result before.
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Thanks Anthony, have the reports but was unable to upload.
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Agree Barbados Today’s headline is misleading.
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somewhat. let consider that doing a good job will vote for them. fair mean either way, not good is against. not sure will maybe as well. so that 20% vs a possible 80% against. what we do see is the swing has become even bigger than before now a whopping 62%. How the government handle this year and the next will show it fortunes.
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St. Vincent & the Grenadines is the only country where a sizeable number of respondents have consistently given a rating of good.
It will be interesting to see if the trend holds up in Jamaica, where the change of PM seems to have provided a boost, but we were unable to find any real positive economic news.
Grenada is another whole story.
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Just to provide some context for BU readers:
the survey instrument is identical to that used by the University of Michigan to measure consumer sentiment in the USA. The survey is a telephone survey conducted during the last week of the quarter. The sample is chosen based on the census and elector list of the countries to ensure a representative sample for the country. A minimum of 500 complete responses reflecting the age, gender, income and geographical distribution is required for a country to be included in the survey. In the case of Guyana, Jamaica and Trinidad & Tobago a minimum of 1,000 is required.
The cost of the survey is borne by the Department of Management Studies UWI Cave Hill
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As side note. How do you interpret central bank survey mr robinson. Does is seem as being valid or just their getting into matter which isn’t their forte ?
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I would have preferred if Bank and bss could have come to some accommodation. Not good to have two numbers.
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@TE
It is political fodder for Arthur and Mascoll who despite what anybody say to the contrary are regarded as two of the leading economists in Barbados by the public.
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@Anthony
It would certainly have been better to have one number.
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