Quarterly Economic Survey Results

Thursday 3rd January

 

BCC Quarterly Economic Survey Q4 2019: UK economy stagnating as service sector slows

 

• Service sector indicators worsen and remain well below their historic average
• Indicators for manufacturing and export orders are negative for two consecutive quarters for the first time in around a decade 
• Manufacturers planning to invest in plant and machinery at eight-year low   

 

 

Friday 4th October

 

BCC Quarterly Economic Survey Q3 2019: Economic conditions weaken as manufacturing slump continues

 

The British Chambers of Commerce’s Quarterly Economic Survey – now in its thirtieth year as the largest UK private sector survey of business sentiment and a leading indicator of UK GDP growth– found that UK economic conditions weakened in the third quarter amid a significant deterioration in manufacturing sector activity.

 

• The balance of manufacturers reporting increased export orders lowest in a decade and domestic sales lowest since 2011.
• The balance of manufacturers reporting improved cashflow drops to eight-year low.

 

 

 

Monday 1st July 2019

 

BCC Quarterly Economic Survey Q2 2019: UK growth stalling amid manufacturing slowdown.

 

The British Chambers of Commerce’s Quarterly Economic Survey – the largest private sector survey of business sentiment and a leading indicator of UK GDP growth, closely watched by policymakers including the Bank of England – finds that underlying economic conditions remained stagnant in the second quarter of 2019.

 

• The balance of manufacturing firms reporting improved domestic orders at 7-year low
• Modest pick-up in service sector activity in Q2 insufficient to offset significant drops in Q1
• Price pressures for services firms and manufacturers fall to their lowest level since 2016