Quarterly Economic Survey Report for Q2 2023 Released

Herefordshire & Worcestershire Chamber of Commerce has released the Quarterly Economic Survey Report for Q2 2023, supported by The Development Manager Ltd.

The latest survey was completed by 5009 businesses across the UK and 329 (6.6%) of these were businesses in Herefordshire and Worcestershire. In similar fashion to the previous survey for Q1, there has been a reduction in the number of businesses reporting inflation as a cause of concern for their business, 61% of businesses, compared to 67% in Q1.

With a focus on skills, apprenticeships and workforce planning, discussion over training and skills has been prolific over the last 6 months as the Chamber has researched, engaged, and now delivered phase 1 of the Local Skills Improvement Plans to the Department for Education. Never have employers had a better opportunity to articulate their skills needs and many have engaged.

We’re grateful to The Development Manager Ltd for supporting us with this survey. The Herefordshire & Worcestershire Chamber of Commerce are committed to supporting all activities that promote skills development, apprenticeships, and workforce planning.

We hope you find the report useful to your business and thank you for taking part in the survey.

Click here to download your free copy of the report QES_Q2 2023 (hwchamber.co.uk)