As the new year begins 17% of our respondents have reported an increase in confidence. Despite this increase being only 1% more than the previous month, this could suggest a positive start to the year, despite an ongoing cost-of-living crisis and the loss of two large commercial landscaping companies towards the end of last year (read more on page 83).
We are also seeing many respondents reporting increases in other areas of their business for the trading month of November 2022. Take projects, for example; 20% of respondents reported an increase and 50% are reporting that there has been no change in the number of projects from the previous month – which beats a decrease, of course. It’s a snippet of good news, and there may be more to come, with talks of a ‘mild’ recession after the UK economy unexpectedly grew in November thanks to the World Cup and material prices seemingly fluctuating less too.
To read the full report click here: UK Barometer Report November 2022
0 Comments