Inverclyde – Q3 Economic Indicator Results

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Inverclyde – Q3 Economic Indicator Results

Inverclyde Development

Inverclyde Development

The latest Scottish Chambers of Commerce (SCC) Quarterly Economic Indicator survey for Q3 of 2019 shows that Inverclyde businesses continue to struggle due to factors caused by Brexit uncertainty in the most recent quarter.

The Quarterly Economic Indicator is Scotland’s longest-running economic survey of its kind, operating since 1990 and is conducted by Scottish Chambers of Commerce, in partnership with the Fraser of Allander Institute.

Confidence remains on a downward trend in most sectors compared to the same period last year. Yet businesses, particularly in the financial and business services sector, are cautiously optimistic that a positive outcome to Brexit on 31 October could start restoring confidence in the Scottish economy.

Inverclyde Chamber of Commerce is the largest member-led network in the area, with over 130 members and is the voice for local businesses.

Scottish Chambers of Commerce is Scotland’s largest business network with over 12,000 business members, across a network of 27 regional Chambers of Commerce, providing business support, business intelligence and business connections.

The Inverclyde results can be found here.

The Scottish results can be found here.

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