The British Chambers of Commerce Quarterly Economic Survey is the largest and most representative independent business survey of its kind in the UK.
Each quarter, over 7,500 businesses – belonging to Chambers of Commerce in every region of the country – participate in the QES.
Businesses are questioned on a wide range of issues, including: home sales and orders, export sales and orders, employment prospects, investment, recruitment difficulties, cash flow, 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 the national economy. For this reason, the survey is particularly useful policymakers such as the Treasury and the Bank of England, as well as the media.
The Monetary Policy Committee has made it clear that they pay sufficient attention to the QES and that this, and meetings with British Chambers of Commerce are very influential interest rate.
To view the latest survey, click here: http://www.britishchambers.org.uk/QES%20Summary%20Q1%202018.pdf