Investment business tendency indicators in manufacturing
The Business Survey in investment business tendency indicators in manufacturing is conducted by the CSB in accordance with the Joint Harmonised EU Programme of Business and Consumer Surveys, using funding of the European Commission.
Business tendency survey in investment in manufacturing obtains information which characterizes changes of investment volume for development of manufacture, types (kinds) of investment, factors affecting investment.
The data obtained are used for the analysis of short-term economics. Main advantage of the business tendency survey is timeliness of the acquisition of the results and constant harmonization within the framework of the European Union.
Concepts and definitions
Factors affecting investment
Affecting factors are the following: demand; financial resources or expected profit; technical factors; other factors.
Qualitative evaluation made by heads of enterprises on the degree of impact on factors.
Types of investment
Types of investment: investment in replacement of old equipment; investment in the increase of production capacity; Rationalisation investment; Investment for other purposes (for pollution control, for improving safety at work, etc.).
Qualitative evaluation made by heads of enterprises on the frequency of distribution of types of investment.
Large, medium and small enterprises
Enterprises are broken down into following groups:
- large – employing 200 persons and more;
- medium – employing 50 to 199 persons;
- small – employing 1 to 49 persons.
Data collection and statistical processing
Survey method and data source
Data are obtained by carrying out sample survey. Information is obtained from statistics report "Investment business tendency evaluation in manufacturing enterprise" (1-irkj).
Economically active enterprises main kind of activity of which according to Statistical Classification of Economic Activities (NACE Rev. 2) is manufacturing.
For the surveys enterprises are selected using targeted stratified sample.
Enterprises are stratified according to the kind of activity by NACE Rev. 2 and the number of employees. The larger the number of employees in the enterprise, the larger the possibility for this enterprise to be included in the sample.
The sample is made up as a sample independent from other sample surveys of enterprises.
In 2020, 834 enterprises were included in the sample.
Initial data submitted by enterprises are weighted and generalized obtaining results on the total manufacturing in the country, as well as in various enterprise groups.
Investment types are expressed in percent. They are calculated by dividing the number of enterprises having marked certain kind of investment to all enterprises having answered in the survey.
Impact of various factors to the investment volume expressed with balance. Use of balance gives opportunity to express answers of question in one number, changes in answers to this question in periods forms simple dynamics row.
Balance of factors' impact is calculated according to formula:
S = ( "++" ) + 0.5*("+") - 0.5*("-") - ( "- -" ), where
("++") – share of utmost positive answers ("stimulate a lot") , as percent;
("+") – share of positive answers ("stimulate") , as percent;
("–") – share of negative answers ("limits") , as percent;
("– –") – share of utmost negative answers ("limits a lot") , as percent.
Contact person on methodology
Industrial and Construction Statistics Section