The fieldwork for the Quarterly Economic Survey (QES) for quarter 1 2017 has begun and businesses are encouraged to share their views.

Herefordshire & Worcestershire Chamber of Commerce received 614 responses from local businesses in the last quarter, placing the two counties at the top of the national league table.

The QES takes under five minutes to complete and asks respondents to provide information about their domestic sales, exports, recruitment and the main factors affecting their business.

The survey is a leading indicator at a national level – often picking up changes in the economy long before other surveys or official statistics. It is used by the Bank of England’s Monetary Policy Committee as a key benchmark when setting interest rates, and is used to forecast economic performance by HM Treasury and the Independent Office for Budget Responsibility. The European Commission also uses the results to assess the health of the UK economy when making policy recommendations for both Westminster and Brussels.

Sophia Haywood, Policy Executive at Herefordshire & Worcestershire Chamber of Commerce, said:

“The QES ensures that local businesses’ views are taken seriously by government. By consistently obtaining between 500-600 responses, we ensure that the needs of businesses in Herefordshire and Worcestershire continue to be well represented. The results from 2016 have been a major factor in the creation of Herefordshire & Worcestershire Chamber of Commerce’s 2017 Manifesto, which outlines our policy campaigns on key issues affecting local businesses”.

Businesses have until Monday 13 March to complete the survey. Visit to share your views.


Get in touch

Call our team today on

01905 677 888

Or E-mail our team today

Click here to make an enquiry
    By submitting this form, you acknowledge and consent to the data in this application form being held on the shared database in accordance with the Data Protection Act 2018. By submitting this form you consent to receiving information on grants, business support and funding schemes via telephone, mail and email by partners. For further information please visit
  • This field is for validation purposes and should be left unchanged.

By using this website you agree to accept our Privacy Policy and Terms & Conditions