Digital Pulse - April 2008

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.

Whilst the margin of error remains reasonably high at this early stage of gathering the results, this may indicate that people are keeping a close eye on economic developments. The quarterly analysis, due in July, will give a better indication of whether this is a blip related to the credit crunch news or the start of a longer-term trend.

23 May 2008 by Deirdre Molloy