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InterTradeIreland’s Quarterly Business Monitor survey

InterTradereland’s quarterly Business Monitor survey is the largest and most comprehensive business survey on the island covering business owner’s views both Northern Ireland and Ireland from interviews conducted with more than 750 SMEs. It differs from other surveys by feeding directly from telephone interviews conducted with a robust sample of businesses across a range of sectors. It has a lengthy time series of six years and tracks all-island economic indicators such as sales, employment, business outlook and other specific topical issues on a quarterly basis.

Latest Quarter Key Findings - Q2 (Apr-Jun) 2016

The latest quarterly Business Monitor Report (April - June 2016) illustrates, against the backdrop of generally positive business performance, that the outcome of the EU referendum has caught a large majority of businesses on the hop with 96% of businesses in Northern Ireland having no plan in place to deal with the consequences of a ‘leave’ vote.  There has also been a great deal of volatility and change in the relative importance of key issues facing businesses in comparison to quarter one.   In terms of wider business performance the picture remains generally positive. In Quarter 2, 86% of businesses in Northern Ireland report that they were stable or growing compared to 93% in Ireland.

Key Stats:

  • At the time of the referendum 96% of businesses in Northern Ireland had no plans to deal with Brexit
  • One in five (21%) of NI firms now expect to decrease their level/speed of planned investment
  • One quarter (25%) of Northern Ireland companies think Brexit will have a negative impact on cross-border sales compared to more than half (57%) in Ireland
  • More than a quarter of businesses on the island (27%) are concerned about exchange rates, an increase of 14% from quarter one
  • Almost two thirds of Northern Ireland firms (62%) keen to continue to have access to the single market and free movement of people
  • 90% of businesses across the island are growing or stable - 86% in Northern Ireland and 93% in Ireland

To get all the details please download the latest survey below.

‌‌Business Monitor Q2 2016 image ‌‌‌

Download the survey results Business Monitor Q2 2016 (3,313 KB)
Download the survey Infographic summary  Business Monitor Q2 2016 Infographic Summary (419 KB) 

Press Release 

View the press release

Previous Surveys

To view previous surveys - click on the link below,

Previous quarters  ‌