The firm is currently conducting an online survey that will be used to compile the barometer.
Mike Fayle, the director responsible for the project, said there was an ‘urgent need for an accurate and revealing indicator of the prevailing attitudes and opinions of the island’s business leaders’.
The survey will become a regular event, conducted each quarter and will provide topical and relevant feedback to help with decisions within the private and public sector.
Fayle said the survey would take no more than five minutes to complete and invitations had been sent to 2,500 island-based businesses to participate.
The first barometer results are expected in June in relation to the March quarter-end.
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