Firms hold an overall positive outlook on the regional economy looking forward, despite major uncertainties at a national and global level, according to the latest results of the Sheffield City Region Quarterly Economic Survey.
The Q4 2016 results – based on over 300 responses from businesses across the region – give a snapshot of how the regional economy performed during the last three months. The figures will be used to better inform local, regional and national government and policy-makers on issues of concern and to help shape support structures available to the local business community.
Both the manufacturing and service sectors showed a positive balance in sales in the UK market over the last three months. The service sector in particular, showed a sharp increase and the position was healthier than during the same time the previous year.