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Quarterly Economic Survey

Quarterly Economic SurveyThe Chamber's Quarterly Economic Survey (QES) is the region’s barometer of business confidence.

Sent out in February, June, September and November each year, the information on trading conditions, UK and export sales, employment and capacity levels is analysed across Derbyshire, Nottinghamshire, and Leicestershire by county, by region, and then nationally by the British Chambers of Commerce (BCC).

As the most authoritative national business survey, the results, alongside those from other Chambers, form part of the largest survey of its kind in the UK and is recognised as a key economic indicator by the Government, the Bank of England and independent economists. Its results allow the Chamber to accurately represent an up-to-date snapshot of current operating conditions and business confidence across the three counties in our engagement work with local, regional and national decision-makers.

How can I contribute?
The survey consists of tick-box questions that cover several aspects of your business, such as employment, sector, investment and external factors, and should take just a few minutes to complete.

A link is provided to each Chamber-member via an email - if you wish to nominate a 'designated contact' for the QES, please email the Chamber at plc@m-n.ouoiyecdlc.k

How are the survey results released?
East Midlands Chamber communicates the results of the survey to members through a variety of channels. For example, we publish the full report and summary on our website, provide detailed presentations of the survey findings at various events - Strategy & Influence Group, Sector Forums, President's Dinners, etc. The Chamber also provides a press release for use by local and regional media.

Latest Economic Intelligence
Following the completion of the Q4 2016 survey (Dec 2016), the feedback has been analysed, and a summary is viewable here. Performance in domestic and overseas markets have been positive across the East Midlands, underlining the resilience of regional business amid times of ongoing uncertainty from a planning and investment perspective. Nevertheless, skills shortages persist, with the likely impact of rising inflation being the main concern reported by respondents.

The 2016 Q4 survey results are viewable here

The Q1 2017 fieldwork is now LIVE (until 13 March), focusing on the impact of rising inflation, and business priorities for the Government's current Industrial Strategy, which aims to improve living standards and economic growth by increasing productivity and driving growth across the whole country: please complete the survey here

The Chamber is also delivering a Business Lunch each quarter this year, where the feedback from the latest survey is announced; this features an economic commentary that highlights particular aspects of the survey, and offers delegates the opportunity to question experts on what the results mean for the region.

For benchmarking purposes, the QES Archive contains previous survey summaries.

Raise Your Profile by Sponsoring the QES

For more information, please contact the Information and Representation Department: plc@m-n.ouoiyecdlc.k

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