The quarterly Business Index captures net sales revenue from participating member retailers and merchants. Participating members receive a more detailed breakdown including year-on-year comparison; month-on-month comparison, and index comparisons by region, area, number of employees and by category.
Key Objectives
– To establish an ongoing guide to revenue performance for HAI member firms
– To deliver a total index figure on changes to the total value of the market on a quarterly and annual basis
Q1 year on year comparisons are positive with the sector recording an increase of 6%.
From Quarter 1 2021 the Business Index is collecting and analysing data at category level.
The Q2 year on year comparisons illustrate the strong rebound from Covid disrupted Q2 of 2020 with a year on year increase of 58%. For the first six months of the year the market increased in value by 29% compared to 2021 and 24% compared to 2019. Even allowing for an element of inflation this is a huge increase in demand.
If members would like to contribute and benefit from category data please contact Martin at 087 2226532.