Exeter Business Survey December 2010

 

Business confidence continues to fall but investment at record high

The latest Business Survey from Exeter Chamber of Commerce & Industry shows that sales volumes and margins have been under pressure over the last quarter.   A quarter of respondents reported that both sales and margins had suffered the highest fall for over 12 months.

Members recording high confidence had decreased to the lowest level since mid 2009.  However, proposed future investment shows more than 50% of those surveyed are planning projects, the most for over two years.;

Derek Phillips, Vice President of Exeter Chamber said ‘The survey indicates Exeter businesses uncertainty of the effects of the public sector cuts and the VAT increase.  However the planned future investment should allow the City to benefit from any upturn in the economy.'

Over 100 Exeter Businesses were surveyed from a wide range of industries and business sizes in order to compile this report on business conditions in Exeter. The results are shared with the Bank of England and help to create a picture of the economic environment across the UK.

Open Adobe Acrobat File Full December 2010 Survey Results

Return to Latest Survey page

Right content

Chamber Sponsors

Upcoming Events

Latest News