The Quarterly Economic Survey (QES) is the private sector’s largest business survey in the UK and enables local businesses to have their voice heard. 7000 UK businesses take part in the QES every quarter. Click here to ensure that your business experiences are included this quarter.
Last quarter’s results showed that businesses continued to be negatively impacted by uncertainty. Domestic sales decreased for the fifth quarter in a row and overseas orders were negative for the second successive quarter. However, cashflow and investment in training and machinery saw tentative recoveries suggesting businesses could no longer hold off on investment. Now that we have officially left the EU it will be interesting to see if the increased clarity will bolster confidence and drive investment. To read the last quarter’s economic report for QES Q4 2019 and find out more about how businesses performed in terms of sales, recruitment, cash flow and investment, click here.
Last quarter’s report showed that 50% of Herefordshire and Worcestershire businesses did not have a documented business plan. Use this quarter’s QES to ensure that you identify to government the factors impeding your strategic planning. It only takes 90 seconds to fill in this quarterly consultation and to ensure that government has sight of your views.
To take part in this quarter’s economic survey click here. Tell us how your business did in Quarter 1 2020.
Click here to read last quarter’s full report.