Business survey Netherlands; to sector/branches
Sector/branches (SBI 2008) | Margin | Seasonal adjustment | Periods | Orders (intake and placed) Value of orders received last 3 months Order intake increased (%) | Orders (intake and placed) Value of orders received last 3 months Order intake remained unchanged (%) | Orders (intake and placed) Value of orders received last 3 months Order intake decreased (%) | Orders (intake and placed) Value of orders received last 3 months Not applicable (%) | Orders (intake and placed) Value of orders received last 3 months Balance order intake (%) | Orders (intake and placed) Value of orders expected next 3 months Order intake will increase (%) | Orders (intake and placed) Value of orders expected next 3 months Order intake will remain unchanged (%) | Orders (intake and placed) Value of orders expected next 3 months Order intake will decrease (%) | Orders (intake and placed) Value of orders expected next 3 months Not applicable (%) | Orders (intake and placed) Value of orders expected next 3 months Balance expected order intake (%) | Orders (intake and placed) Value of export orders next 3 months Export orders will increase (%) | Orders (intake and placed) Value of export orders next 3 months Export orders will remain unchanged (%) | Orders (intake and placed) Value of export orders next 3 months Export orders will decrease (%) | Orders (intake and placed) Value of export orders next 3 months Not applicable (%) | Orders (intake and placed) Value of export orders next 3 months Balance export orders (%) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
All enterprises (no finance or energy) | Value | Original, unadjusted data | 2023 September | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
All enterprises (no finance or energy) | Value | Original, unadjusted data | 2023 October | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
All enterprises (no finance or energy) | Value | Original, unadjusted data | 2023 November | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
All enterprises (no finance or energy) | Value | Original, unadjusted data | 2023 December | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
All enterprises (no finance or energy) | Value | Original, unadjusted data | 2024 January | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
All enterprises (no finance or energy) | Value | Original, unadjusted data | 2024 February | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
All enterprises (no finance or energy) | Value | Original, unadjusted data | 2024 March | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
All enterprises (no finance or energy) | Value | Original, unadjusted data | 2024 April | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
All enterprises (no finance or energy) | Value | Original, unadjusted data | 2024 May | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
All enterprises (no finance or energy) | Value | Original, unadjusted data | 2024 June | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
All enterprises (no finance or energy) | Value | Original, unadjusted data | 2024 July | 18.6 | 58.1 | 12.2 | 11.1 | 6.4 | 14.4 | 60.7 | 13.6 | 11.3 | 0.8 | . | . | . | . | . |
All enterprises (no finance or energy) | Value | Original, unadjusted data | 2024 August | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
A Agriculture, forestry and fishing | Value | Original, unadjusted data | 2023 September | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
A Agriculture, forestry and fishing | Value | Original, unadjusted data | 2023 October | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
A Agriculture, forestry and fishing | Value | Original, unadjusted data | 2023 November | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
A Agriculture, forestry and fishing | Value | Original, unadjusted data | 2023 December | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
A Agriculture, forestry and fishing | Value | Original, unadjusted data | 2024 January | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
A Agriculture, forestry and fishing | Value | Original, unadjusted data | 2024 February | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
A Agriculture, forestry and fishing | Value | Original, unadjusted data | 2024 March | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
A Agriculture, forestry and fishing | Value | Original, unadjusted data | 2024 April | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
A Agriculture, forestry and fishing | Value | Original, unadjusted data | 2024 May | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
A Agriculture, forestry and fishing | Value | Original, unadjusted data | 2024 June | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
A Agriculture, forestry and fishing | Value | Original, unadjusted data | 2024 July | 27.4 | 40.6 | 12.4 | 19.6 | 15.0 | 12.1 | 51.4 | 16.2 | 20.3 | -4.1 | . | . | . | . | . |
A Agriculture, forestry and fishing | Value | Original, unadjusted data | 2024 August | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
B Mining and quarrying | Value | Original, unadjusted data | 2023 September | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
B Mining and quarrying | Value | Original, unadjusted data | 2023 October | 24.1 | 29.1 | 14.3 | 32.5 | 9.8 | 21.4 | 37.1 | 9.1 | 32.4 | 12.3 | 22.9 | 32.5 | 8.3 | 36.3 | 14.6 |
B Mining and quarrying | Value | Original, unadjusted data | 2023 November | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
B Mining and quarrying | Value | Original, unadjusted data | 2023 December | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
B Mining and quarrying | Value | Original, unadjusted data | 2024 January | 10.5 | 21.6 | 39.9 | 28.0 | -29.4 | 27.9 | 21.4 | 22.7 | 28.0 | 5.1 | 23.8 | 16.4 | 24.8 | 35.0 | -0.9 |
B Mining and quarrying | Value | Original, unadjusted data | 2024 February | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
B Mining and quarrying | Value | Original, unadjusted data | 2024 March | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
B Mining and quarrying | Value | Original, unadjusted data | 2024 April | 16.7 | 42.9 | 12.2 | 28.2 | 4.6 | 15.5 | 45.1 | 11.2 | 28.2 | 4.3 | 13.1 | 47.3 | 10.3 | 29.3 | 2.8 |
B Mining and quarrying | Value | Original, unadjusted data | 2024 May | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
B Mining and quarrying | Value | Original, unadjusted data | 2024 June | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
B Mining and quarrying | Value | Original, unadjusted data | 2024 July | 32.9 | 28.2 | 7.5 | 31.4 | 25.4 | 6.9 | 50.8 | 11.0 | 31.3 | -4.1 | 13.8 | 43.8 | 4.8 | 37.6 | 9.1 |
B Mining and quarrying | Value | Original, unadjusted data | 2024 August | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
C Industry, H-S services and 45+47 | Value | Original, unadjusted data | 2023 September | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
C Industry, H-S services and 45+47 | Value | Original, unadjusted data | 2023 October | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
C Industry, H-S services and 45+47 | Value | Original, unadjusted data | 2023 November | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
C Industry, H-S services and 45+47 | Value | Original, unadjusted data | 2023 December | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
C Industry, H-S services and 45+47 | Value | Original, unadjusted data | 2024 January | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
C Industry, H-S services and 45+47 | Value | Original, unadjusted data | 2024 February | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
C Industry, H-S services and 45+47 | Value | Original, unadjusted data | 2024 March | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
C Industry, H-S services and 45+47 | Value | Original, unadjusted data | 2024 April | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
C Industry, H-S services and 45+47 | Value | Original, unadjusted data | 2024 May | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
C Industry, H-S services and 45+47 | Value | Original, unadjusted data | 2024 June | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
C Industry, H-S services and 45+47 | Value | Original, unadjusted data | 2024 July | 16.1 | 58.7 | 11.6 | 13.6 | 4.5 | 12.2 | 59.3 | 14.7 | 13.8 | -2.6 | . | . | . | . | . |
C Industry, H-S services and 45+47 | Value | Original, unadjusted data | 2024 August | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
C Manufacturing | Value | Original, unadjusted data | 2023 September | 11.3 | 63.3 | 23.7 | 1.7 | -12.3 | . | . | . | . | . | . | . | . | . | . |
C Manufacturing | Value | Original, unadjusted data | 2023 October | 11.2 | 62.2 | 24.4 | 2.2 | -13.2 | 19.3 | 63.8 | 14.7 | 2.2 | 4.5 | 11.5 | 58.4 | 12.4 | 17.7 | -0.9 |
C Manufacturing | Value | Original, unadjusted data | 2023 November | 13.6 | 60.5 | 24.0 | 1.9 | -10.5 | . | . | . | . | . | . | . | . | . | . |
C Manufacturing | Value | Original, unadjusted data | 2023 December | 15.2 | 61.8 | 20.8 | 2.2 | -5.6 | . | . | . | . | . | . | . | . | . | . |
C Manufacturing | Value | Original, unadjusted data | 2024 January | 21.6 | 57.0 | 18.8 | 2.6 | 2.8 | 15.2 | 66.5 | 15.6 | 2.7 | -0.5 | 11.9 | 61.6 | 10.8 | 15.7 | 1.1 |
C Manufacturing | Value | Original, unadjusted data | 2024 February | 21.6 | 59.0 | 17.0 | 2.4 | 4.7 | . | . | . | . | . | . | . | . | . | . |
C Manufacturing | Value | Original, unadjusted data | 2024 March | 19.0 | 60.3 | 18.5 | 2.2 | 0.5 | . | . | . | . | . | . | . | . | . | . |
C Manufacturing | Value | Original, unadjusted data | 2024 April | 18.5 | 57.3 | 21.6 | 2.6 | -3.1 | 19.4 | 67.9 | 10.1 | 2.6 | 9.2 | 13.0 | 63.3 | 7.8 | 15.9 | 5.3 |
C Manufacturing | Value | Original, unadjusted data | 2024 May | 16.1 | 61.4 | 19.6 | 2.9 | -3.6 | . | . | . | . | . | . | . | . | . | . |
C Manufacturing | Value | Original, unadjusted data | 2024 June | 19.9 | 62.3 | 15.6 | 2.2 | 4.2 | . | . | . | . | . | . | . | . | . | . |
C Manufacturing | Value | Original, unadjusted data | 2024 July | 18.4 | 59.9 | 19.3 | 2.4 | -1.0 | 14.7 | 69.8 | 13.2 | 2.3 | 1.6 | 11.1 | 62.4 | 11.1 | 15.4 | 0.0 |
C Manufacturing | Value | Original, unadjusted data | 2024 August | 18.8 | 60.0 | 19.0 | 2.2 | -0.1 | . | . | . | . | . | . | . | . | . | . |
10-12 Manufacture of food and beverages | Value | Original, unadjusted data | 2023 September | 7.4 | 70.7 | 18.3 | 3.6 | -10.9 | . | . | . | . | . | . | . | . | . | . |
10-12 Manufacture of food and beverages | Value | Original, unadjusted data | 2023 October | 8.7 | 68.2 | 16.7 | 6.4 | -8.0 | 19.9 | 64.1 | 9.6 | 6.4 | 10.3 | 13.7 | 59.7 | 7.9 | 18.7 | 5.7 |
10-12 Manufacture of food and beverages | Value | Original, unadjusted data | 2023 November | 9.0 | 70.6 | 16.2 | 4.2 | -7.2 | . | . | . | . | . | . | . | . | . | . |
10-12 Manufacture of food and beverages | Value | Original, unadjusted data | 2023 December | 14.0 | 66.0 | 15.4 | 4.6 | -1.4 | . | . | . | . | . | . | . | . | . | . |
10-12 Manufacture of food and beverages | Value | Original, unadjusted data | 2024 January | 13.1 | 69.1 | 11.2 | 6.6 | 1.8 | 7.4 | 62.9 | 23.1 | 6.6 | -15.6 | 4.7 | 66.4 | 10.8 | 18.1 | -6.1 |
10-12 Manufacture of food and beverages | Value | Original, unadjusted data | 2024 February | 13.5 | 70.2 | 10.3 | 6.0 | 3.2 | . | . | . | . | . | . | . | . | . | . |
10-12 Manufacture of food and beverages | Value | Original, unadjusted data | 2024 March | 9.2 | 67.6 | 18.4 | 4.8 | -9.1 | . | . | . | . | . | . | . | . | . | . |
10-12 Manufacture of food and beverages | Value | Original, unadjusted data | 2024 April | 11.0 | 71.8 | 10.2 | 7.0 | 0.8 | 18.6 | 71.4 | 3.0 | 7.0 | 15.6 | 8.1 | 69.3 | 3.6 | 19.0 | 4.4 |
10-12 Manufacture of food and beverages | Value | Original, unadjusted data | 2024 May | 11.6 | 72.4 | 9.3 | 6.7 | 2.3 | . | . | . | . | . | . | . | . | . | . |
10-12 Manufacture of food and beverages | Value | Original, unadjusted data | 2024 June | 13.2 | 73.5 | 9.7 | 3.6 | 3.5 | . | . | . | . | . | . | . | . | . | . |
10-12 Manufacture of food and beverages | Value | Original, unadjusted data | 2024 July | 15.3 | 68.8 | 10.3 | 5.6 | 5.1 | 11.8 | 71.6 | 11.0 | 5.6 | 0.8 | 7.0 | 68.6 | 7.7 | 16.7 | -0.6 |
10-12 Manufacture of food and beverages | Value | Original, unadjusted data | 2024 August | 10.0 | 67.4 | 16.3 | 6.3 | -6.3 | . | . | . | . | . | . | . | . | . | . |
10 Manufacture of food products | Value | Original, unadjusted data | 2023 September | 8.0 | 72.9 | 15.6 | 3.5 | -7.7 | . | . | . | . | . | . | . | . | . | . |
10 Manufacture of food products | Value | Original, unadjusted data | 2023 October | 9.3 | 72.2 | 12.0 | 6.5 | -2.6 | 21.4 | 66.0 | 6.1 | 6.5 | 15.4 | 14.8 | 61.2 | 5.5 | 18.5 | 9.2 |
10 Manufacture of food products | Value | Original, unadjusted data | 2023 November | 9.7 | 74.2 | 11.9 | 4.2 | -2.2 | . | . | . | . | . | . | . | . | . | . |
10 Manufacture of food products | Value | Original, unadjusted data | 2023 December | 15.1 | 67.8 | 12.5 | 4.6 | 2.6 | . | . | . | . | . | . | . | . | . | . |
10 Manufacture of food products | Value | Original, unadjusted data | 2024 January | 14.2 | 71.6 | 7.5 | 6.7 | 6.7 | 6.7 | 65.5 | 21.1 | 6.7 | -14.5 | 5.0 | 67.9 | 9.3 | 17.8 | -4.2 |
10 Manufacture of food products | Value | Original, unadjusted data | 2024 February | 14.7 | 69.9 | 9.3 | 6.1 | 5.4 | . | . | . | . | . | . | . | . | . | . |
10 Manufacture of food products | Value | Original, unadjusted data | 2024 March | 9.2 | 66.8 | 19.2 | 4.8 | -10.0 | . | . | . | . | . | . | . | . | . | . |
10 Manufacture of food products | Value | Original, unadjusted data | 2024 April | 11.2 | 71.9 | 9.7 | 7.2 | 1.6 | 17.2 | 72.7 | 2.9 | 7.2 | 14.2 | 8.7 | 68.2 | 4.0 | 19.1 | 4.8 |
10 Manufacture of food products | Value | Original, unadjusted data | 2024 May | 10.3 | 73.1 | 9.7 | 6.9 | 0.6 | . | . | . | . | . | . | . | . | . | . |
10 Manufacture of food products | Value | Original, unadjusted data | 2024 June | 12.9 | 75.3 | 8.2 | 3.6 | 4.7 | . | . | . | . | . | . | . | . | . | . |
10 Manufacture of food products | Value | Original, unadjusted data | 2024 July | 13.9 | 69.4 | 11.1 | 5.6 | 2.7 | 11.9 | 70.6 | 11.9 | 5.6 | 0.0 | 6.7 | 68.7 | 8.3 | 16.3 | -1.6 |
10 Manufacture of food products | Value | Original, unadjusted data | 2024 August | 8.5 | 70.8 | 14.2 | 6.5 | -5.8 | . | . | . | . | . | . | . | . | . | . |
11 Manufacture of beverages | Value | Original, unadjusted data | 2023 September | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
11 Manufacture of beverages | Value | Original, unadjusted data | 2023 October | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
11 Manufacture of beverages | Value | Original, unadjusted data | 2023 November | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
11 Manufacture of beverages | Value | Original, unadjusted data | 2023 December | . | . | . | . | -53.4 | . | . | . | . | . | . | . | . | . | . |
11 Manufacture of beverages | Value | Original, unadjusted data | 2024 January | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
11 Manufacture of beverages | Value | Original, unadjusted data | 2024 February | 0.0 | 72.4 | 22.9 | 4.7 | -22.9 | . | . | . | . | . | . | . | . | . | . |
11 Manufacture of beverages | Value | Original, unadjusted data | 2024 March | 9.8 | 76.1 | 9.4 | 4.7 | 0.5 | . | . | . | . | . | . | . | . | . | . |
11 Manufacture of beverages | Value | Original, unadjusted data | 2024 April | 8.9 | 69.2 | 17.4 | 4.5 | -8.5 | 36.6 | 54.4 | 4.5 | 4.5 | 32.1 | 0.0 | 82.1 | 0.0 | 17.9 | 0.0 |
11 Manufacture of beverages | Value | Original, unadjusted data | 2024 May | 27.6 | 63.4 | 4.5 | 4.5 | 23.2 | . | . | . | . | . | . | . | . | . | . |
11 Manufacture of beverages | Value | Original, unadjusted data | 2024 June | 17.4 | 49.5 | 28.6 | 4.5 | -11.2 | . | . | . | . | . | . | . | . | . | . |
11 Manufacture of beverages | Value | Original, unadjusted data | 2024 July | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
11 Manufacture of beverages | Value | Original, unadjusted data | 2024 August | 28.6 | 25.4 | 41.5 | 4.5 | -13.0 | . | . | . | . | . | . | . | . | . | . |
12 Manufacture of tobacco products | Value | Original, unadjusted data | 2023 September | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
12 Manufacture of tobacco products | Value | Original, unadjusted data | 2023 October | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
12 Manufacture of tobacco products | Value | Original, unadjusted data | 2023 November | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
12 Manufacture of tobacco products | Value | Original, unadjusted data | 2023 December | . | . | . | . | . | . | . | . | . | . | . | . | . | . | . |
Source: CBS. |
Table explanation
This table provides up-to-date information, including uncertainty margins, about the opinions held by Dutch entrepreneurs on their achievements, expectations and judgments regarding their business. This panel survey is aimed at gaining insight into the current situation, future development and judgments of Dutch enterprises. As a result it is possible to detect turning points in optimism or pessimism at an early stage, providing an early indication of possible trend changes in the economic activities of Dutch enterprises. Data are broken down by main business activity (SITC 2008). The questions submitted to the entrepreneurs at the beginning of a quarter concern output, turnover, prices, order books, stocks, investments, competitive position, economic climate, staff size and the obstacles they have encountered. In answering the questions relating to developments in the past three months and expectations for the next three months, the entrepreneurs are asked for a comparison with the preceding period of three months.
Data available from: January 2012
Status of the figures: All figures are definitive.
Changes as of August 29th 2024:
Figures of August 2024 have been added.
Changes as of March 7th 2024:
Due to a technical issue most figures of February 2024 were divided by 100. This now has been corrected.
When will new figures be published?
Figures of September are expected to be published the 27th of September 2024.
Description topics
- Orders (intake and placed)
- The weighted response rates to the questions:
- "The value of the total orders received in the last three months increased, remained unchanged or decreased?"
- "The value of the intake of orders in the next three months will increase, remaine unchanged or decrease?"
- "The value of the intake of export orders in the next three months will increase, remain unchanged or decrease?"
- "The value of the orders we expect to place with suppliers in the next three months will increase, remain unchanged or decrease?"
- "The total order book shows - during normal working hours - ... months of work?"
- "The total order position, we assess, given the time of year as (too) large, normal or (too) small?"
- "The foreign order books, we assess, given the time of the years, as (too) large, normal or (too) small?"- Value of orders received last 3 months
- Weighted response rates to the question:
- "The value of total orders received in the last three months has increased, remained unchanged or decreased?"- Order intake increased
- Weighted response rate of producers indicating that the value of the orders received in the last three months has increased.
- Order intake remained unchanged
- Weighted response rate of producers indicating that the value of orders received in the last three months has remained unchanged.
- Order intake decreased
- Weighted response rate of producers indicating that the value of the orders received in the last three months has decreased.
- Not applicable
- The weighted response rate of producers who consider orders reveived not to be relevant for their enterprise plus the weighted rate of producers who were not asked the question.
- Balance order intake
- The weighted response rate of producers who reported an increase in orders received minus the weighted response rate of producers that reported a decrease. This balance gives insight into the development of value of the total orders received in the last three months.
- Value of orders expected next 3 months
- Weighted response rates to the question:
- "The value of the intake of orders in the next three months will increase, remain unchanged or decrease?"- Order intake will increase
- Weighted response rate of producers indicating that the value of the intake of orders will increase in the next three months.
- Order intake will remain unchanged
- Weighted response rate of producers indicating that the value of the intake of orders in the next three months will remain unchanged.
- Order intake will decrease
- Weighted response rate of producers indicating that the value of the intake of orders in the next three months will decrease.
- Not applicable
- The weighted response rate of producers who consider orders received not to be relevant for their enterprise plus the weighted rate of producers who were not asked the question.
- Balance expected order intake
- The weighted response rate of producers who reported an increase in the intake orders received minus the weighted response rate of producers that reported a decrease. This balance gives insight into the development of value of the total intake of orders in the next three months.
- Value of export orders next 3 months
- Weighted response rates to the question:
- "The value of the total export orders received in the next three months will increase, remain unchanged or decrease?"- Export orders will increase
- Weighted response rate of producers indicating the export orders will increase in the next three months.
- Export orders will remain unchanged
- Weighted response rate of producers indicating the export orders will remain unchanged in the next three months.
- Export orders will decrease
- Weighted response rate of producers indicating the export orders will decrease in the next three months.
- Not applicable
- The weighted response rate of producers who consider export orders as not relevant for their enterprise plus the weighted response rate of producers who were not asked the question.
- Balance export orders
- The weighted response rate of producers with an expected increase of export orders minus the weighted response rate of producers with an expected decrease. This balance provides insight into the expected evolution of export orders in the next three months.