The Greater Birmingham Chambers of Commerce’s Quarterly Business Report (QBR) offers an up to date snapshot of the performance of the Greater Birmingham business community. It is the most comprehensive regular report of its kind in the city region.
Underpinning our report is data gathered from quarterly surveys on key indicators such as sales, exports, investment intentions and recruitment difficulties. The Chambers surveys businesses across the Greater Birmingham Area, which includes Solihull, Sutton Coldfield, Lichfield & Tamworth, Cannock Chase and Burton-on-Trent. The Quarterly Business Report is sponsored by Birmingham City University.
Each report is launched at high profile event with a panel of experts and CEOs sharing their insights on key trends. For more information on our upcoming events visit the GBCC events calendar.
Although expected, there’s no denying that the advent of Coronavirus has led to a dramatic fall in domestic and international demand for local businesses, along with a drop in recruitment and levels of investment in capex and training. Business optimism has clearly been dented and systemic issues which had long impacted the output of the regional economy (issues relating to levels of cash flow for example) have become further entrenched by the fallout of Covid-19. Even the relatively good news of a fewer number of firms facing pressure to raise their prices needs to be contextualised within the extraordinary circumstances we find are currently operating in.