Chamber Launches Business Barometer Survey

March 4, 2024 | 0 Comments

The Bermuda Chamber of Commerce, in collaboration with Narrative Research and sponsored by HSBC, announced the upcoming launch of its annual Business Barometer survey.

A spokesperson said, “The Bermuda Chamber of Commerce, in an exciting collaboration with Narrative Research and sponsored by HSBC, is proud to announce the launch of its annual Business Barometer survey. This initiative invites business owners and managers across the island to participate in a comprehensive study designed to gather insights into the current economic climate and anticipate business conditions for the upcoming year.”

Chamber of Commerce Business Barometer survey Bermuda March 2024

Graham Redford of Narrative Research emphasized the importance of this year’s survey, stating, “Given the challenges that many businesses are encountering, it is important to gather as many insights as possible regarding operating conditions on the Island. This study seeks to gather critical information on the current economic business climate and anticipated business conditions for the coming year. Additionally, we are seeking input on staffing challenges and concerns including recruitment, retention, and potential staffing levels for the near future. Where response levels permit, the results will be segmented by industry and shared with participants, providing business leaders with important economic indicators for their industry, the business community, and the Island’s economy.”

In line with this, Danielle Riviere, CEO of the Bermuda Chamber of Commerce, expressed her enthusiasm for the initiative, “We are committed to fostering a thriving business community in Bermuda. We understand the significance of accurate and timely economic data for making informed decisions, and the Business Barometer survey is part of our ongoing effort to support local businesses in navigating the complexities of today’s economic environment. We are eager to see the valuable insights this survey will unveil, aiding in the strategic planning and growth of businesses across the Island.”

The spokesperson said, “The Bermuda Chamber of Commerce, together with Narrative Research and HSBC, encourages all business owners and managers to participate in this vital survey. Your input is essential in painting a comprehensive picture of the business landscape in Bermuda, aiding in the identification of challenges and opportunities within the market.

“Survey participation is open and can be accessed at the following link.”

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