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Quarterly Economic Survey
Every quarter we ask you, our members, to complete the Quarterly Economic Survey (QES). This is a survey, distributed by all 53 accredited Chambers of Commerce throughout the UK, all of whom are affiliated to the British Chambers of Commerce (BCC).
The information you provide in these surveys is vital for us to understand how the current economic climate is impacting on your business and allow us, as a Chamber, to influence Government and get the best possible deal for business in these difficult times.
The QES is the country's largest business survey and is recognised by national government and the Bank of England's Monetary Policy Committee, as the most reliable forecaster of future economic trends.
Key Findings for the Doncaster Economy Quarter 1, 2009:
- The majority of critical balances for Doncaster are showing an improvement in the economy.
- Over the last three months the balance of cash flow improving/worsening has moved from -54% to -37% in Doncaster.
- For the first time in eighteen months business confidence has improved.
- Employment expectations have gone up and are now showing a positive balance with +2% of businesses expecting to be taking on additional staff in the next three months.
- Businesses have started to reinvest in training and development.
To view the full report from the first quarter of 2009 please visit the Representing Your Views, Doncaster Economy section at: www.doncaster-chamber.co.uk.
We hope that you will take 2 minutes to complete the QES survey online at:
www.britishchambers.org.uk/qes
Password: economy
Chamber ID number: 43
Remember, that should your business need any support in these difficult times you can call our dedicated Business Advice Line on 01302 640111 or visit www.doncaster-chamber.co.uk for support and advice.
