1 September 2015 10:00
Businesses asked to participate in next round of the British Chambers of Commerce Quarterly Economic Survey (QES)
Chamber members and non-members are invited to participate in the QES in order to provide a detailed breakdown of our region’s economic results.
The British Chambers of Commerce Quarterly Economic Survey (QES) is the largest and most representative independent business survey of its kind in the UK. Each quarter 7,000 businesses participate in the QES.
Businesses are questioned on a wide range of issues, including: home sales and orders, export sales and orders, employment prospects, investment, recruitment difficulties, cashflow, confidence and price pressures. The QES is the first economic indicator of the quarter, published in advance of official figures and other private surveys and it consistently mirrors trends in official data.
Last quarter, results from the QES pointed to moderate growth in the UK economy over the next year, driven mostly by the service sector. Results for the South West indicated that 63% of businesses anticipated an increase in turnover in Q2 2015. South West results also showed that local businesses had concerns over competition, business rates and inflation as potential impacts to business. View the full results from Q2 2015 on the dedicated QES website.
The field work period for the Quarterly Economic Survey (QES) Q3 2015 is now open for responses, and Plymouth Chamber need your help to truly understand how the South West economy is fairing by completing this short online survey.
As many businesses as possible, both members and non-members of the Chamber, are invited to participate in the QES in order to provide a detailed breakdown of our region’s economic results. The results are shared with participants of the survey once they are published.
To take part in the survey, please go to: www.britishchambers.org.uk/qes