Norges Bank

Regional network report

Phone survey April 2011, summary of findings

5 May 2011

A phone survey of a sample of contacts in Norges Bank’s regional network was conducted in the period 26-28 April 2011. The survey encompassed 75 private sector enterprises region-wide and focused on developments in output and employment since January.

In January (report 1/2011), regional network enterprises expected output to grow considerably over the next six months. Information gathered at end-April indicates relatively strong output growth, although somewhat weaker than expected by the enterprises in January. Some contacts indicated that household demand has been weaker than expected. The cold winter months have restricted output growth in some segments of manufacturing and construction. Overall market prospects appear to have improved somewhat since January.

In January, enterprises planned to increase employment over the next three months. In April, they reported that developments in employment have been broadly in line with expectations. Capacity utilisation appears to be approximately unchanged.

In autumn 2002, Norges Bank established a regional network of enterprises, organisations and local authorities throughout Norway. More about the regional network

Published 5 May 2011 10:00