Overview
The Business Expectations Survey measures firms’ general business outlook for the next six months, as well as their operating revenue/output and employment outlook for the next three months. The findings are used by the government and the business community in policy making and business planning.
Statistics on business expectations of the services and manufacturing sectors are compiled by the Singapore Department of Statistics and Economic Development Board respectively.
Latest News & Data
Latest News
A net weighted balance of 13% of services firms expect a more favourable business outlook for the period of Jul–Dec 2026, with 19% upbeat and 6% pessimistic.
A net weighted balance of 12% of manufacturing firms expect a positive business outlook for the period of Jul–Dec 2026, with 24% upbeat and 12% pessimistic.
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Latest Data
| Item | Unit | Latest Period | Latest Data |
% Change (Y-o-Y)
|
Previous Period Data |
% Change (Y-o-Y)
|
|---|---|---|---|---|---|---|
| General Business Outlook (Services) | % | 2Q 2026 | 13 | na | -4 | na |
| Revenue Outlook (Services) | % | 2Q 2026 | 14 | na | -1 | na |
| Hiring Outlook (Services) | % | 2Q 2026 | 10 | na | 0 | na |
| General Business Outlook (Manufacturing) | % | 2Q 2026 | 12 | na | 17 | na |
| Output (Manufacturing) | % | 2Q 2026 | 26 | na | 20 | na |
| Item | Unit | Latest Period | Latest Data |
% Change (Y-o-Y)
|
Previous Period Data |
% Change (Y-o-Y)
|
|---|---|---|---|---|---|---|
| General Business Outlook (Services) | % | 2Q 2026 | 13 | na | -4 | na |
| Revenue Outlook (Services) | % | 2Q 2026 | 14 | na | -1 | na |
| Hiring Outlook (Services) | % | 2Q 2026 | 10 | na | 0 | na |
| General Business Outlook (Manufacturing) | % | 2Q 2026 | 12 | na | 17 | na |
| Output (Manufacturing) | % | 2Q 2026 | 26 | na | 20 | na |