Quarterly Economic Survey (QES) runs until 26th November

The fieldwork for the Quarterly Economic Survey (QES) for Q4 2018 has begun and will run until 26 November. The QES is the largest and longest-running business survey in the UK and is a powerful tool for representing the voice of business to Government. To retain its reputation as a reliable economic indicator and a powerful tool for lobbying, it is vital as many businesses as possible respond to it.

At the national level, it’s a leading indicator – often picking up big changes in the economy long before other surveys or official statistics:

• The Bank of England’s Monetary Policy Committee uses the QES as one of its key benchmarks when setting interest rates.
• HM Treasury and the independent Office for Budget Responsibility use the QES to put together their forecasts for the UK’s economic performance.
• The European Commission uses the QES to assess the health of the UK economy.

The survey takes around 2 minutes to complete and can be accessed here. 

The previous QES results can be found here. If you have any queries, please contact David Bharier.

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