Quarterly Economic Survey

Getting your views and experiences heard is vital to ensuring government and other policy-making bodies respond to your needs.

The British Chambers of Commerce and the accredited Chamber Network run Britain’s most influential private business survey – its Quarterly Economic Survey.

The QES is Britain’s biggest, and longest-running, private business survey, providing crucial insight about the state of business in the UK.  

By completing survey, businesses ensure that economic policy is shaped by those it affects most - local business:

- A leading indicator – often picking up big changes in the economy long before other surveys or official statistics.

- Setting interest rates - The Bank of England’s Monetary Policy Committee uses the QES as one of its key benchmarks when setting interest rates.

- Economic forecasts - HM Treasury and the independent Office for Budget Responsibility use the QES to put together their forecasts for the UK’s economic performance.

- Economic health assessment - The European Commission uses the QES to assess the health of the UK economy when it makes policy recommendations for both Westminster and Brussels.

- UK competitiveness - The Organisation for Economic Cooperation and Development (OECD) and the International Monetary Fund (IMF) use the QES when comparing the UK to competitors worldwide.

The survey takes ten minutes to complete with individual responses then agglomerated with the national data obtained across the Chamber network to help inform an overall picture of the economy. The data is then shared through the Chamber's Economic business breakfast and through member communications.