Statistical research in business activity trends

Author: Assistant Professor Dr. Stoyan Tsvetkov (University of National and World Economy - Sofia)

Keywords: Business Surveys, Business Conjuncture, Investment Activity in Industry, Consumer Survey, Business Climate

The article seeks to make popular business surveys conducted by National Statistical Institute. The experience accumulated so far shows that these surveys can be successfully used to estimate the current business cycle state and to develop short-run forecasts of the future business conditions. The article explains the business surveys methodology, discusses the issues of the interpretation of the results and analyses their advantages and disadvantages.
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