Copy of Quarterly Economic Survey Q1 2024 Quarterly Economic Survey Question Title * 1. Name of organisation & email (optional) Organisation Email Question Title * 2. What Chamber of Commerce is your business a member of? (If you are not a Chamber member, where is your business located?) East Mids: Derbyshire, Nottinghamshire, Leicestershire East Mids: Lincolnshire East Mids: Northamptonshire East Mids: Rutland East: Bedfordshire East: Cambridgeshire East: Essex East: Hertfordshire East: Norfolk East: Suffolk London Milton Keynes North East North West: Cumbria North West: East Lancashire North West: Greater Manchester North West: Liverpool North West: North and West Lancashire North West: South Cheshire North West: St Helens North West: Wirral Northern Ireland Scotland: Aberdeen & Grampian Scotland: Ayrshire Scotland: Fife Scotland: Inverness Scotland: Other Scotland: Renfrewshire South East: Hampshire South East: Isle of Wight South East: Kent Invicta South East: Surrey South East: Sussex South East: Thames Valley South West: Business West/Bristol South West: Cornwall South West: Dorset South West: Plymouth & Devon South West: Somerset Wales: South Wales Wales: West Cheshire & North Wales West Mids: Birmingham West Mids: Black Country West Mids: Coventry & Warwickshire West Mids: Hereford & Worcestershire West Mids: Shropshire West Mids: Staffordshire Yorks & Humber: Barnsley & Rotherham Yorks & Humber: Doncaster Yorks & Humber: Hull & Humber Yorks & Humber: Mid Yorkshire Yorks & Humber: Sheffield Yorks & Humber: West and North Yorkshire Question Title * 3. How many people does your organisation or branch employ? If you are a sole-trade, simply type in 0. Question Title * 4. Which of the following best describes your main business activity? Agriculture, fishing, mining, energy, or utilities Manufacture of electronic or IT goods Other manufacturing Construction or engineering Transport, logistics, or storage Retail or wholesale Hospitality, catering, or tourism Professional services (e g. finance, accounting, legal, training, property, IT, data, consultancy, recruitment) Marketing, media, advertising, or communications Consumer services (e.g. cleaning, decorating, plumbing, repairs, leisure, recreation) Public sector, education, health, social work or voluntary Other services not listed above Question Title Question Title * 5. UK and overseas markets Excluding seasonal variations, over the past 3 months... Increased Remained Constant Decreased UK sales or bookings have... UK sales or bookings have... Increased UK sales or bookings have... Remained Constant UK sales or bookings have... Decreased UK orders or advance bookings have... UK orders or advance bookings have... Increased UK orders or advance bookings have... Remained Constant UK orders or advance bookings have... Decreased Overseas sales or bookings have... Overseas sales or bookings have... Increased Overseas sales or bookings have... Remained Constant Overseas sales or bookings have... Decreased Overseas orders or advance bookings have... Overseas orders or advance bookings have... Increased Overseas orders or advance bookings have... Remained Constant Overseas orders or advance bookings have... Decreased Please note: only complete the overseas questions if you are an exporter Question Title Question Title * 6. Labour Force size Increased Remained Constant Decreased Over the past 3 months, has your workforce... Over the past 3 months, has your workforce... Increased Over the past 3 months, has your workforce... Remained Constant Over the past 3 months, has your workforce... Decreased Over the next 3 months, do you expect your workforce to... Over the next 3 months, do you expect your workforce to... Increased Over the next 3 months, do you expect your workforce to... Remained Constant Over the next 3 months, do you expect your workforce to... Decreased Question Title Question Title * 7. Recruitment Yes No Have you attempted to recruit staff over the past 3 months? Have you attempted to recruit staff over the past 3 months? Yes Have you attempted to recruit staff over the past 3 months? No Question Title * 8. If yes, were they for: Part-time jobs Full-time jobs Temporary jobs Permanent jobs Question Title Question Title * 9. Recruitment difficulties Yes No If you attempted to recruit, did you experience any difficulties finding suitable staff? If you attempted to recruit, did you experience any difficulties finding suitable staff? Yes If you attempted to recruit, did you experience any difficulties finding suitable staff? No Question Title * 10. If you answered yes to question 10, for which of the following categories of employee: Skilled manual or technical Professional or managerial Clerical Semi/unskilled Question Title Question Title * 11. Cash flow and investment Increased Remained Constant Decreased Over the past 3 months, cash flow has... Over the past 3 months, cash flow has... Increased Over the past 3 months, cash flow has... Remained Constant Over the past 3 months, cash flow has... Decreased Over the past 3 months, investment plans for plant, machinery, tech, or equipment have... Over the past 3 months, investment plans for plant, machinery, tech, or equipment have... Increased Over the past 3 months, investment plans for plant, machinery, tech, or equipment have... Remained Constant Over the past 3 months, investment plans for plant, machinery, tech, or equipment have... Decreased Over the past 3 months, investment plans for training have... Over the past 3 months, investment plans for training have... Increased Over the past 3 months, investment plans for training have... Remained Constant Over the past 3 months, investment plans for training have... Decreased Question Title Question Title * 12. Business Confidence Improve Remain the same Worsen Over the next 12 months, do you believe your business's turnover will... Over the next 12 months, do you believe your business's turnover will... Improve Over the next 12 months, do you believe your business's turnover will... Remain the same Over the next 12 months, do you believe your business's turnover will... Worsen Over the next 12 months, do you believe your business's profitability will... Over the next 12 months, do you believe your business's profitability will... Improve Over the next 12 months, do you believe your business's profitability will... Remain the same Over the next 12 months, do you believe your business's profitability will... Worsen Question Title Question Title * 13. Capacity Full capacity Below capacity Are you currently operating at... Are you currently operating at... Full capacity Are you currently operating at... Below capacity Question Title Question Title * 14. Prices/Costs Increase Remain the Same Decrease Over the next 3 months, do you expect the price of your good or services to... Over the next 3 months, do you expect the price of your good or services to... Increase Over the next 3 months, do you expect the price of your good or services to... Remain the Same Over the next 3 months, do you expect the price of your good or services to... Decrease Question Title * 15. Is your business facing pressure to raise prices from any of the following sources? (please tick all that apply) Labour costs (e.g. salaries, pay settlements, contractors) Raw materials (e.g. steel, cardboard, food) Utilities (e.g. gas, electricity) Fuel (e.g. petrol, diesel) Finance costs Other overheads Question Title * 16. Please indicate which of these following factors are more of a concern to your business than 3 months ago (please tick all that apply) Interest rates Exchange rates Business rates Inflation Competition Taxation Question Title * 17. A free trade agreement (FTA) is an international treaty between two or more countries that reduces or eliminates certain barriers to trade in goods and services. How beneficial do you anticipate the UK’s FTA (Free Trade Programme) being to your business? (1 - not at all beneficial ... 5 - very beneficial) 1 2 3 4 5 Don't know Not applicable Question Title * 18. Which (if any) of the following trade arrangements have been / do you anticipate will be of benefit to your business? (select all that apply) Australia New Zealand Japan Singapore None of the above Don't know Question Title * 19. Which (if any) of the following free trade agreements do you anticipate would be of benefit to your business? (select all that apply) CPTPP – Australia, Brunei, Canada, Chile, Japan, Mexico, Malaysia, New Zealand, Peru, Singapore, Vietnam India GCC – UAE, Oman, Kuwait, Saudi Arabia, Bahrain, Qatar Turkey South Korea None of the above Don't know Other (please specify) Question Title * 20. The UK has signed several Memorandum of Understanding (MOU) agreements with individual US states (Indiana, North Carolina, South Carolina, Oklahoma, Utah, Washington, and Florida) and is in negotiations with other States. These set out mutual goals and activities to facilitate greater trade and co-operation between the UK and the US. Do you anticipate these agreements being beneficial or damaging to your business? I anticipate these agreements being beneficial to my business I anticipate these agreements being neither beneficial or damaging to my business I anticipate these agreements being damaging to my business Don't know Not applicable Question Title * 21. Thinking about the next decade do you think the Free Trade Agreements negotiated by the UK government will have a positive or negative impact on your business growth? I anticipate FTAs having a positive impact on business growth I anticipate FTAs having no impact on business growth I anticipate FTAs having a negative impact on business growth Don't know Not applicable Question Title * 22. Feel free to share any feedback about business or economic conditions in the previous three months. Submit