Lincolnshire businesses reported improved trading conditions despite a number of challenges in the second quarter of the year, according to the The Quarterly Economic Survey (QES).
The Quarterly Economic Survey (QES) takes a look at Lincolnshire’s business economy every three months, and provides useful insight into trading conditions locally for national comparison.
In the second quarter of the year, Lincolnshire businesses reported improved sales for both domestic and overseas markets, despite a slow down in the exporting market nationally due to slow growth in the Eurozone and USA markets, plus the current strength of the pound agaisnt the euro and US dollar.
Manufacturing again reported the most improved sales over any other secotor locally.
These rising sales come despite concern over issues of supply and tight profit margins, plus finding the ideal workforces.
Simon Beardsley, chief executive at Lincolnshire Chamber of Commerce said: “The latest results suggest that business confidence across Lincolnshire remains high. ”
