As the brand new yr begins 17% of our respondents have reported a rise in confidence. Regardless of this enhance being only one% greater than the earlier month, this might counsel a optimistic begin to the yr, regardless of an ongoing cost-of-living disaster and the lack of two massive industrial landscaping firms in direction of the top of final yr (learn extra on web page 83).
We’re additionally seeing many respondents reporting will increase in different areas of their enterprise for the buying and selling month of November 2022. Take initiatives, for instance; 20% of respondents reported a rise and 50% are reporting that there was no change within the variety of initiatives from the earlier month – which beats a lower, after all. It’s a snippet of excellent information, and there could also be extra to come back, with talks of a ‘gentle’ recession after the UK financial system unexpectedly grew in November due to the World Cup and materials costs seemingly fluctuating much less too.
To learn the total report click on right here: UK Barometer Report November 2022