Each quarter, the Lincolnshire Chamber of Commerce host flagship events in partnership with Lincolnshire County Council, the University of Lincoln and Greater Lincolnshire Local Enterprise Partnership to share the Quarterly Economic Survey results and Q2 is arguably the most important quarter of them all.
The Quarterly Economic Survey that ran from 18th May until 9th June was the first major comparison from pre-Coronavirus conditions to the current situation. The intelligence gained will guide the right decisions for our economy and put in place further support mechanisms.
Join us on 15th July for our QES Q2 Briefing, where James Baty, Policy and Research Manager of the Greater Lincolnshire LEP will be discussing the results and what they mean in real terms for local businesses.
We recommend local businesses attend this virtual meeting to find out in real terms what the results can mean for the economy going forward.
What is the Quarterly Economic Survey? The British Chambers of Commerce, together with the accredited Chamber Network, including Lincolnshire Chamber of Commerce, run Britain’s most influential private business survey – the Quarterly Economic Survey (QES).
Each quarter more than 6,000 businesses nationally participate in the QES. Businesses are questioned on a wide range of issues, including; domestic sales and orders, export sales and orders, employment prospects, investment, recruitment difficulties, cashflow, confidence and price pressures.
The QES is the first economic indicator of the quarter, published in advance of official figures and other private surveys, and it consistently mirrors trends in official data. The survey is closely watched by policymakers such as the Treasury, the Bank of England, the Office for Budget Responsibility, the EU Commission and International Monetary Fund (IMF).