The Chambers Quarterly Economic Survey (QES), is the UK’s largest independent business survey and it is currently open for responses from local Norfolk businesses. The previous quarter’s QES showed that 39% of businesses believe that their profitability will reduce over the next 12 months. Q3 results showed that fewer businesses are reporting increased sales; only 33% of firms reported increased domestic sales, down from 41% in the previous quarter. Measures for inflation remained at a record high as more than four in five (84%) firms say it is a growing concern for them. Three months on, it is now time to ask again what Norfolk businesses think. We need to hear from a wide range of Norfolk businesses – large and small to understand the true picture of the local economy. The QES only takes a couple of minutes to complete – it is anonymous and your support would be greatly appreciated. The QES Q4 is open for responses until midnight on Thursday 1st December. Take part in the QES now. Photo credit: Getty Images/Chamber Canva Pro
