A total of 150 branches throughout the country take part in the monthly business index and since the third quarter of 2015 we have been collecting the results quarterly. We now have our first full year’s results and they make for some interesting reading.
Total member revenue for Quarter 4 2015 shows a 7% increase on the same period last year. The sector Quarter 4 year on year rise is driven by larger, urban member firms. The sector overall saw a 13% rise in revenue in 2015, peaking among urban member firms. Sector Revenue was reasonably stable in October and November, and dipped sharply in December (as in 2014). The month on month decline in December was evident across all member groups, peaking among urban branches. The 2015 Index confirms that Quarter 3 accounted for the highest percentage of members’ revenue in 2015. As in 2014, September and October were the highest grossing months last year. Quarter 3 was consistently the highest grossing period for members in 2015. The Index presentation of overall monthly revenues confirms that September was the month where revenue most exceeded the 2015 monthly average. The top grossing individual revenue months in 2015 are mostly within Quarter 3.
How to get involved
All raw data is kept confidential and never revealed to HAI. If you agree to participate in the monthly business index, you will receive an email from Behaviours and Attitudes, our research partner, once a quarter (usually at the start of the second week), asking for several pieces of information that will form the benchmark survey: