The Buckinghamshire Business Barometer tracks local business confidence and performance and gauges business's views on topical issues.
The latest survey ran between May and June 2022, with respondents answering questions about the January to March (Quarter 1) 2022 period.
Thank you to those who participated in the survey.
Key findings from the latest survey
- improved trading conditions and business performance for many Buckinghamshire businesses
- costs have risen further, with economic uncertainty continuing
- ongoing disruption to supply chains, reduced labour availability and inflationary pressures
- 24% of businesses say trading conditions ‘worse than normal’ for the time of year, down from 34% saying the same for the previous quarter
- Strong growth was seen in sales and order books/pipelines compared to the previous quarter
- rising costs for 77% of businesses, the impact of recent national and global shocks on fuel and energy prices
- When asked about the drive to net zero
- a significant majority (92%) of businesses had implemented at least one action to reduce their carbon emissions
- almost half (45%) had implemented 4 or more measures
- 79% intended to take action in the next 12 months
- Nearly half (45%) of businesses believe that a reason for taking action was due to money saved from costs overall
- the main barrier to taking action was the cost of implementing change
Previous Business Barometer results
Read previous survey results below:
- Q4 2021 - Business Barometer
- Q3 2021 - Business Barometer
- Q2 2021 - Business Barometer
- Q1 2021 - Business Barometer
Want to learn more about the Business Barometer?
For further information about the Buckinghamshire Business Barometer, contact James Moorhouse, Economic and Labour Market Analyst, Buckinghamshire Local Enterprise Partnership (LEP):
- 01494 418415
Every quarter, the survey findings are shared directly with the Department for Business, Energy and Industrial Strategy (BEIS) to help inform central government policy decisions.
The survey is run by Buckinghamshire Business First and Buckinghamshire Local Enterprise Partnership.