SME Confidence Tracker Q4 2017

What is the SME Confidence Tracker?

The SME Confidence Tracker surveys 1,000 of the UK’s small and medium sized businesses on a quarterly basis. The Tracker charts the confidence of owners and senior decision-makers of businesses in manufacturing, construction, wholesale, transport and services sectors. Field work for Q4 took place throughout December 2017 and respondent businesses had average annual turnover of £2.2m.

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SME Confidence Tracker Q4 2017

Key Findings

  • 37% say that sales increased in Q4, up 4 percentage points from Q3 2017
  • 37% of SMEs expect sales to increase in Q1 2018, increase up 3 percentage points on Q4 2017
  • Eight in ten (80%) SMEs invested in their businesses in Q4 2017
  • Two thirds (67%) of SMEs expect to invest in Q1 2018
  • A quarter (26%) of SMEs say that an uncertain economic environment in the UK is holding back investment

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