confidence index

Digital Pulse indices

Digital Pulse: 

112.4

Current Index: 

117

6 month Index: 

113.3

Employment Index: 

119.3

Move Jobs Index: 

122.9

Salary Index: 

89.4

Current Confidence Index: 

108.6

Future Confidence Index: 

118.1

A sharp intake of breath underscores the analysis of this Digital Pulse. The index has been falling slowly for the last few months but the global financial turmoil is clearly affecting the digital sector. The  overall index is down 7.5% this month, but the real wobbles are in current market confidence which has plunged by 9.4% between August and September.

Digital Pulse indices

Digital Pulse: 

123

Current Index: 

128.8

6 month Index: 

120.9

Employment Index: 

134.3

Move Jobs Index: 

131.4

Salary Index: 

99.7

Current Confidence Index: 

120.9

Future Confidence Index: 

126.1

June’s results showed an overall increase in market confidence from May, coming in at 123.0 (up 1.4%). While specific confidence in current market conditions continued to slide - as did faith in the economic environment in six months time - the overall index reflecting sentiment about conditions in the future increased, up to 126.1 (up 4.4% on

Digital Pulse indices

Digital Pulse: 

121.26

Current Index: 

137.83

6 month Index: 

129.28

Employment Index: 

138.49

Move Jobs Index: 

112.34

Salary Index: 

88.82

Current Confidence Index: 

121.71

Future Confidence Index: 

120.81

May's results show another fall in overall confidence - a drop in the Digital Pulse of 3.87%. However confidence in future conditions, 6 months from now, has fallen less, by only 2.5%.

From the figures, it could be tempting to conclude that feelings within the digital sector are on the slide but the index of future conditions may point to some light at the end of the tunnel. Although it's dropped, the figure is quite low and may indicate a general slowing of business rather than a race towards the edge of a cliff. Let's hope so!

Digital Pulse indices

Digital Pulse: 

125.5

Current Index: 

142.1

6 month Index: 

131.6

Employment Index: 

142.1

Move Jobs Index: 

116.1

Salary Index: 

95.6

Current Confidence Index: 

126.6

Future Confidence Index: 

123.9

The method for calculating the Digital Pulse has been adjusted to give a more accurate reflection of the industry's confidence, based on feedback from March's results. Using this new algorithm for both March and April's results, confidence dropped 2.5%, with most of the other indices showing small drops in confidence.