Quarterly Economic Survey
The Greater Manchester Quarterly Economic Survey (QES) is the longest-running, largest and most reliable business confidence indicator in the UK.
Forming part of British Chambers of Commerce's national survey, it is one of the single largest contributors to this important piece of research. It gives us an unparalleled view into the health of the local economy and is invaluable to anybody interested in the economic climate for businesses in Greater Manchester and beyond.
As the most authoritative national business confidence survey, and the first to be published in each quarter, its results are closely watched by senior business leaders, local and national government, HM Treasury, and the Bank of England's Monetary Policy Committee. Further afield, the European Commission, the Organisation for Economic Co-operation and Development (OECD) and the International Monetary Fund use the QES to assess the health of the UK economy and when comparing the UK to its competitors worldwide.
Since its formation in 1989, it has reliably anticipated the onset of both the 1990s and 2008 recessions before they began and continues to act as a reliable indicator of national and regional economic performance. The Chamber uses the results of the survey to inform on detailed economic performance and trends.