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).
This is one of the UK’s most respected business surveys and allows the Chamber to accurately comment on the current state of business confidence, and helps influence independent economists, the Government, and informs the Bank of England's Monetary Policy Committee. Locally, responses help shape Chamber campaigns, and provides a solid platform on which to authoritatively convey key messages about the East Midlands economy’s needs.
Following a strong start to 2015, the slowdown in growth reflected elsewhere within the UK caught up with the East Midlands which, until now, had bucked this trend. Economic growth continued, albeit at a more subdued rate.
However, a strong recovery took place in Q1; although lingering uncertainties remain from an investment and planning perspective - particularly surrounding the outcome of the EU Referendum.
The full report of the Q1 analysis is viewable here, and a concise synopsis of the key messages is also available.
The Q2 survey closed recently; the results of which will be published here shortly.
For benchmarking purposes, the QES Archive contains previous survey summaries.
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