Between the Lines:Stacking Up the Numbers to Make a Confidence Index That Really Counts

The Scotsman › July 18, 2006

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Summary

WHAT constitutes a reliable barometer of business confidence? And could a composite index be created that is a reliable predictor of business activity and growth in Scotland?

A "super index" would be of potentially great value. It would help entrepreneurs to know with greater certainty whether the climate is right for investment. And it would help policymakers to identify areas where official intervention - or non-intervention - might be conducive to business confidence.

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Extract

Between the Lines:Stacking Up the Numbers to Make a Confidence Index That Really Counts

I have been wrestling with this problem for the past month in seeking to devise an index we could regularly carry in The Scotsman that would have real value for business...

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