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Economic Sentiment Changes in the Lubelskie Voivodship in the 3rd quarter of 2011
Mieczysław Kowerski
Jarosław Bielak
Dawid Długosz
Mariusz Poninkiewicz
Abstract
In the paper are the results of the 42nd quarterly economic sentiment survey in the Lubelskie Voivodship conducted by the University of Management and Administration in Zamość: using a survey sample size of 485 enterprises and 500 households. The survey’s data shows the economic sentiment index for the Lubelskie Voivodship for the 3rd quarter, 2011, has a value of minus 13 (range from minus 100 to plus 100 points) and decreased by 14 points compared to the previous quarter, going back to the lowest level during 2009 recession. It means that the recovery from the recession has a W-shape. But the entrepreneurs and consumers forecast an improvement in the 4th quarter. And this means that in the 3rd quarter, 2011, economic sentiment and the economy in the Lubelskie Voivodship reached “the second doldrums”.
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