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Exeter Business Survey June 2010
The Exeter Chamber of Commerce & Industry member survey from 2nd 2010 quarter reveals that companies are seeing a decrease in profit margins.
There has been a slight dip in the positive rise in sales over the year, with 53% reporting an increase in sales compared with 55% in March. Only 16% have shown that sales are down which equals the lowest percentage reported over the last year.
Half of the members surveyed are expecting to make an investment in the foreseeable future. Only 15% reported high levels of confidence which is as low as it's been since last year and 43% of companies expect to have a pay freeze which has increased over the last two quarters.
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