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BALANCE (IN BUSINESS TENDENCY SURVEYS)

Statistics Directorate    
Definition:
The term balance is used in business tendency surveys in the case of three-choice questions where data are presented in the form of a percent balance. “Normal” and “same” answers are ignored and the balance is obtained by taking the difference between the weighted percentages of respondents giving favourable and unfavourable answers.

Source Publication:
Main Economic Indicators, OECD, Paris, monthly.

Statistical Theme: Short-term economic statistics

Created on Tuesday, September 25, 2001

Last updated on Friday, February 28, 2003