2. Full-time staffing intentions, next 3 months 3. General state of business health. * 12-month moving averages. * 12-month moving averages.
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1 Newfoundland & Labrador March After two months of improved optimism, Newfoundland & Labrador's small businesses have seen a less confident month of March. The Business Barometer lost almost 4 points to reach 2.7. Full-time short-term staffing intentions have improved somewhat; currently 26 per cent of employers foresee cutting numbers while 11 per cent expect to add additional staff. About 37 per cent of owners say their firms are in good shape while 13 per cent see their firms in a poor state. (-) Newfoundland & Lab NL data presented as 4-mth moving averages Resp= Newfoundland & Lab Prince Edward Is Nova Scotia New Brunswick Ontario Manitoba Saskatchewan Alberta 6.3. British Columbia Limitations on sales or production growth*. Major cost constraints* Insufficient foreign demand Foreign competition Shortage of input products Product distribution constraints Ted Mallett, vice-president & chief economist, 4 2- Andreea Bourgeois, senior analyst, Canadian Federation of Independent p Business Simon Gaudreault, director, economic affairs, Quebec,
2 Prince Edward Island March After a very optimistic February, small businesses in Prince Edward Island saw another slight boost in confidence in March. The Business Barometer gained one point to reach a healthy 66. the third highest level in after NS and Quebec. Short-term hiring intentions improved with 31 per cent of employers planning on hiring, while only 4 per cent foresee layoffs. One-in-two business owners say their firms are in good state while 8 per cent say their firms are in a poor state. (-) Prince Edward Is. PEI data presented as 4-mth moving averages Resp= Newfoundland & Lab Prince Edward Is Nova Scotia New Brunswick Ontario Manitoba Saskatchewan Alberta 6.3. British Columbia Limitations on sales or production growth*. Major cost constraints* Insufficient foreign demand 6 Foreign competition 13 Shortage of input products Product distribution constraints Ted Mallett, vice-president & chief economist, 4 2- Andreea Bourgeois, senior analyst, Canadian Federation of Independent p Business Simon Gaudreault, director, economic affairs, Quebec,
3 Nova Scotia March Optimism among Nova Scotia's small business owners is at a post-recession high. The Business Barometer reached 7. a whopping 1 points above the national average. The other indicators have improved as well in March. Short-term employment plans picked up momentum with per cent of entrepreneurs looking to hire and only per cent planning to cut back full-time staff. About 4 per cent of business owners are reporting their firms are in good shape; three per cent see their firms in bad shape. (-) Nova Scotia NS data presented as 3-mth moving averages Resp= Newfoundland & Lab Prince Edward Is Nova Scotia New Brunswick Ontario Manitoba Saskatchewan Alberta 6.3. British Columbia % response Limitations on sales or production growth*. Major cost constraints* Insufficient foreign demand Foreign competition Shortage of input products 4 Product distribution constraints Canadian Federation of Independent Business Ted Mallett, vice-president & chief economist, 4 2- Andreea Bourgeois, senior analyst, Simon Gaudreault, director, economic affairs, Quebec,
4 New Brunswick March Small businesses in New Brunswick gained confidence again. The Business Barometer continued its upwards trend for the fourth month in a row and reached 62.. Short-term hiring plans improved somewhat in line with normal seasonal patterns. About per cent of respondents are looking to hire over the next 3-4 months while 7 per cent are looking to reduce employment. About 46 per cent of respondents are reporting that their firms are in good shape, while per cent say their firms are in poor shape. (-) New Brunswick NB data presented as 3-mth moving averages Resp= Newfoundland & Lab Prince Edward Is Nova Scotia New Brunswick Ontario Manitoba Saskatchewan Alberta 6.3. British Columbia Limitations on sales or production growth*. Major cost constraints* Insufficient foreign demand 4 Foreign competition 26 Shortage of input products Product distribution constraints Canadian Federation of Independent Business Ted Mallett, vice-president & chief economist, 4 2- Andreea Bourgeois, senior analyst, Simon Gaudreault, director, economic affairs, Quebec,
5 Quebec March While still very high, optimism dropped slightly among Quebec's small businesses in March. The Business Barometer at 72.6 is the second highest in. Short-term hiring plans are strong but lost a bit of momentum with about per cent of owners looking to hire and only 6 per cent looking to reduce staffing. A small correction was also seen in the percentage of business owners indicating that their firms are in good shape (62 per cent currently) compared to 66 per cent the previous month. (-) Quebec QC data presented as 2-mth moving averages Resp= Newfoundland & Lab Prince Edward Is Nova Scotia New Brunswick Ontario Manitoba Saskatchewan Alberta 6.3. British Columbia Limitations on sales or production growth*. Major cost constraints* Insufficient foreign demand 13 Foreign competition Shortage of input products 3 Product distribution constraints Canadian Federation of Independent Business Ted Mallett, vice-president & chief economist, 4 2- Andreea Bourgeois, senior analyst, Simon Gaudreault, director, economic affairs, Quebec,
6 Ontario March Optimism among Ontario's small businesses dropped a notch in March. Its Business Barometer lost two points to reach 7.1, almost three points below the national average. Net short-term employment plans are at a standstill with equal shares of entrepreneurs looking to increase as to decrease full-time employment ( per cent). The general state of business health had a small drop; currently per cent of respondents say their firms are in good shape, while 13 per cent say their businesses are in bad shape. (-) Ontario Resp= Newfoundland & Lab Prince Edward Is Nova Scotia New Brunswick Ontario Manitoba Saskatchewan Alberta 6.3. British Columbia Limitations on sales or production growth*. Major cost constraints* 28 Insufficient foreign demand 4 Foreign competition Shortage of input products 3 Product distribution constraints Canadian Federation of Independent Business Ted Mallett, vice-president & chief economist, 4 2- Andreea Bourgeois, senior analyst, Simon Gaudreault, director, economic affairs, Quebec,
7 Manitoba March After a modest gain in confidence last month, Manitoba's small businesses showed a minor setback in March. Its Business Barometer lost 2 points and reached Short-term hiring plans have remained unchanged for the past several months. Equal shares of entrepreneurs (1 per cent) are looking to hire as to lay off ( per cent). About 4 per cent of business owners say their businesses are in good shape, while 7 per cent report that their firms are in poor shape. (-) Manitoba MB data presented as 4-mth moving averages Resp= Newfoundland & Lab Prince Edward Is Nova Scotia New Brunswick Ontario Manitoba Saskatchewan Alberta 6.3. British Columbia Limitations on sales or production growth*. Major cost constraints* 32 Insufficient foreign demand 3 Foreign competition Shortage of input products 4 Product distribution constraints Canadian Federation of Independent p Business Ted Mallett, vice-president & chief economist, 4 2- Andreea Bourgeois, senior analyst, Simon Gaudreault, director, economic affairs, Quebec,
8 Saskatchewan March Optimism among Saskatchewan's small businesses is on the rise in March. The Business Barometer gained a healthy five points and reached 62. just above the national average. Employment plans are still negative; only per cent of owners are looking to hire and per cent are planning to reduce staffing in the next 3-4 months. The general state of business improved somewhat with per cent of respondents saying their businesses are in good shape, versus 1 per cent who see their firms in bad shape. (-) Saskatchewan SK data presented as 3-mth moving averages Resp= Newfoundland & Lab Prince Edward Is Nova Scotia New Brunswick Ontario Manitoba Saskatchewan Alberta 6.3. British Columbia Limitations on sales or production growth*. Major cost constraints* Insufficient foreign demand Foreign competition Shortage of input products Product distribution constraints Canadian Federation of Independent p Business Ted Mallett, vice-president & chief economist, 4 2- Andreea Bourgeois, senior analyst, Simon Gaudreault, director, economic affairs, Quebec,
9 Alberta March After a rough February, Alberta's small business optimism remained in neutral. The Business Barometer remained unchanged at 6.3, still rounding up the bottom three together with NL and Ontario. Full-time staffing intentions remained weak but slightly better than in previous months, with about per cent looking to cut back on staffing while 1 per cent looking to hire. Almost equal shares of business owners see their operations in good shape ( per cent) as in bad shape (21 per cent). (-) Alberta AB data presented as 2-mth moving averages Resp= Newfoundland & Lab Prince Edward Is Nova Scotia New Brunswick Ontario Manitoba Saskatchewan Alberta 6.3. British Columbia Limitations on sales or production growth*. Major cost constraints* Insufficient foreign demand Foreign competition Shortage of input products 4 Product distribution constraints Canadian Federation of Independent Business Ted Mallett, vice-president & chief economist, 4 2- Andreea Bourgeois, senior analyst, Simon Gaudreault, director, economic affairs, Quebec,
10 British Columbia March Optimism among British Columbia's small business owners sagged in March. Its Business Barometer dropped 3.6 points and reached 6.9. Short-term employment plans remained stable and among the strongest in the country with 27 per cent of owners planning to add versus 9 per cent expecting to cut back full-time staff. About one-in-two business owners say their firms are in good shape while per cent see their firms in poor shape. (-) British Columbia BC data presented as 3-mth moving averages Resp= Newfoundland & Lab Prince Edward Is Nova Scotia New Brunswick Ontario Manitoba Saskatchewan Alberta 6.3. British Columbia Limitations on sales or production growth*. Major cost constraints* 27 Insufficient foreign demand 4 Foreign competition Shortage of input products 4 Product distribution constraints Ted Mallett, vice-president & chief economist, 4 2- Andreea Bourgeois, senior analyst, Canadian Federation of Independent p Business Simon Gaudreault, director, economic affairs, Quebec,
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