WHAT IS THE QUARTERLY ECONOMIC SURVEY?
As the most authoritative national business confidence survey, and the first to be published in each quarter, the results of this survey are closely watched by both HM Treasury and the Bank of England’s Monetary Policy Committee and help to inform decisions that impact upon interest rates and business policy.
The survey itself has reliably anticipated the onset of the two recessions since the early 1990s before they began and continues to act as a reliable indicator of national and regional economic performance. The Black Country Chamber of Commerce uses the results of the survey to inform upon detailed economic performance and trends throughout the local region and beyond.
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 you approximately three minutes to complete. Please note that no detailed information is required and the survey itself is completely anonymous. You will be able to contribute to the latest survey here.
HOW ARE THE SURVEY RESULTS RELEASED?
As a Chamber, we endeavour to communicate the results of this survey to our Members through a variety of channels. For example, we publish the report and accompanying infographic on our website and also seek to distribute these directly to our Members, making sure that they remain abreast of economic trends within the region.