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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 - Q4 (Oct-Dec) 2016

The latest quarterly Business Monitor Report (October – December 2016) shows business are moving into challenging times from a position of relative strength. The number of companies across the island reporting stability or growth in the last quarter has remained fairly constant at 84 per cent; however exporters continue to fare better than non-exporters with 51 per experiencing growth compared to 36 per cent.  There is an emerging trend in the number of construction businesses reporting difficulties in recruiting skilled staff. Over a third of companies in the sector (37 per cent) are reporting difficulties recruiting skilled labour, with 33 per cent citing a lack of appropriate skills in their current workforce.

Key Stats:

  • 98 per cent have no plan in place to deal with the consequences of Brexit
  • 51 per cent of businesses in cross-border sales concerned about currency/exchange rate
  • More than a quarter of growing businesses (28 per cent) have indicated they are experiencing difficulties recruiting appropriate skills for their businesses.
  • 45 per cent of all businesses surveyed noted rising energy costs as a current issue for their business.
  • 49 per cent of businesses surveyed noted rising overheads (apart from energy) as a current concern.

Download the Q4 2016 Survey infographic  Infographic Q4 2016 (418 KB)

 

Q4 2016 Business Monitor infographic resized

Business Issues Infographic summary  Business Monitor Q4 2016 Infographic Summary (216 KB)


Press Release 

View Press Release

Previous Surveys

To view previous surveys - click on the link below,

Previous quarters  ‌

 

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