The Business Conditions Survey was first mounted in the second quarter of 1987 to provide input for the Institute's economic forecasting activity. It is conducted on a quarterly basis to assist in assessing the short-term outlook for the economy. The survey findings are used to supplement the availability of quantitative information from conventional sources. A Business Conditions Index is constructed from the survey results which gives advance information that permits inferences to be drawn regarding emerging economic trends.

The survey covers a sample of over 350 manufacturing businesses incorporated locally and foreign manufacturing concerns operating in Malaysia, covering 11 industries. Questions posed in the survey questionnaire are on key determinants such as production level, new order bookings, sales performances, inventory build-up and new job openings. Reports of the survey findings are published two weeks after the end of each quarter.

bci 1st Quarter 2011

INDEX REBOUNDS, SLOWDOWN ENDING?

  • Index settles higher at 113.3 points
  • Sales and new export orders higher
  • Production lower
  • Expect higher production and export sales over the next 3 months
  • Inventories lower

bci 4th Quarter 2010

INDEX SLIPS BELOW THRESHOLD LEVEL

  • Index sinks below 100-point threshold to settle at 96.6
  • Sales, new local and foreign orders significantly lower
  • Capacity utilization lower, production and inventories higher
  • Expect lower production, higher export sales over next three months

bci 3rd Quarter 2010

STILL EXPANDING BUT SLOWER ...

  • Index loses 14.7 points q-o-q, settles lower at 104.9 points
  • Capacity utilization advances, albeit marginally
  • Production, new local and export orders significantly lower
  • Expected production and expected export sales also significantly lower
  • Capacity u...

bci 2nd Quarter 2010

AT THE CROSSROADS

  • BCI lost 4.4 points Q-o-Q to settle at 119.6 points
  • Only one out of 6 current components indices rose
  • Both expected components declined

bci 1st Quarter 2010

MEANINGFUL RECOVERY

  • BCI gains 5.3 points quarter-on-quarter and 62.9 points year-on-year to settle higher at 124.0 points
  • Higher domestic order, expected production and expected export sales
  • Lower sales, production, inventory, export orders and capacity utilization

bci 4th Quarter 2009

RECOVERY TROTTING ALONG

  • BCI rose a further 5.1 points to settle higher at 118.8 points
  • All five current components higher quarter-on-quarter
  • Lower domestic order, expected production
  • Inventories again higher

BCI 3rd Quarter 2009

LOOKING UP

  • BCI rose a further 8.4 points to settle at 113.7 points
  • All six current components higher quarter-on-quarter
  • Inventory levels and headcount higher
  • Wage pressures lower

bci 2nd Quarter 2009

A GLIMMER OF HOPE

  • BCI soars 44.1 points quarter-on-quarter to above 100-point threshold
  • All eight sub-indices higher quarter-on-quarter
  • Only one sub-index - expected production - rose year-on-year
  • Lower inventory levels and wage pressures, increased hirings

bci 1st Quarter 2009

IN CONTRACTIONARY MODE

  • BCI gains 7.2 points q-o-q, but loses 58.7 points y-o-y
  • Higher sales, domestic orders, expected production and expected export sales
  • Lower output, export orders and capacity utilisation
  • Fewer hirings, wage pressures rise

bci 4th Quarter 08

SINKING TO NEW LOWS

  • Index loses 45.8 points quarter-on-quarter
  • Lower sales, production volumes, new local and foreign orders
  • Lower expected production and expected foreign sales
  • Higher inventories