Federal Reserve Bank of Philadelphia’s Post

👇🏼 Our LIFE (Labor, Income, Finances, and Expectations) survey is now out in the world! Count on quarterly updates on the earnings, financial health, and debt repayment behavior of consumers - among other things.

Just 49% of business respondents to our Quarterly Economic Survey Q4 2024 are confident that turnover will grow in the next twelve months - down from 56% last quarter. More on the UK’s declining business confidence - https://ow.ly/kghi50UFbaO #EconomicSurvey #BusinessSentiment #TaxConcerns #BusinessInsights #EconomicTrends #FinancialHealth #BusinessGrowth #TaxPolicy #WhereBusinessBelongs

Does it matter to the market who wins the White House? Dive into our insights on how the economy has fared under each party: https://bit.ly/4fuzg52 [ Download: https://bit.ly/3zOMj1N ]

📢 Last chance to fill out the Quarterly Economic Survey - Q2 2024. This flagship (short) survey helps to create a clear picture of the economic landscape, both across our region and nationally, highlighting any issues that businesses may be facing at present. Or alternatively, showing where your businesses may be thriving! The data obtained from the survey gets reported back to our national governing body, the British Chambers of Commerce, whilst also being used as a vital source of information for key stakeholders such as The Bank of England, HM Treasury and the Office for Budget Responsibility. Your input contributes to positive change within our region, influencing decisions made by these organisations and driving growth/development for the members that we represent. 💥 Make sure to take part in this significant survey before it closes tomorrow. 💥 Complete the survey here: https://lnkd.in/eyNZByiJ

Of the 4,808 business respondents from across the UK, our Quarterly Economic Survey Q4 2024 has found that 55% of businesses expect their prices to rise over the next three months – a significant increase compared to 39% in Q3 📊 This reflects the increasing cost pressures businesses face and the tough decisions they must make to manage their costs effectively. Take a look at the findings - https://ow.ly/2eEH50UCpai #EconomicSurvey #BusinessSentiment #TaxConcerns #BusinessInsights #EconomicTrends #FinancialHealth #BusinessGrowth #TaxPolicy #WhereBusinessBelongs

Does it matter to the market who wins the White House? Dive into our insights on how the economy has fared under each party: https://bit.ly/3Cby4oP [ Download: https://bit.ly/3zOMj1N ]

📣 The last QES of the year is now LIVE! 📣 The Quarterly Economic Survey, accessible to companies of every scale, gauges trends in sales, exports, employment numbers, investment, and overall business optimism. Completing the survey online only takes 3-5 minutes and can be found here: https://ow.ly/h0Xn50U4aQr This is your voice, and it matters. 🗣️

In her latest blog post, our Chief Economist and Director, Economic Research, Anjalika Bardalai builds on the latest data from our annual Enabling Growth Across the UK report to look into the contributions of financial and related professional services to the UK economy, analysing the number of firms operating across the UK. 💡 Key Insights: • As of March 2023, 277,830 financial and related professional services businesses were operating in the UK: o 21% in financial services o 79% in related professional services • In contrast, employment in the industry is split nearly 50%/50% between financial services and related professional services. • Despite financial services representing only 20% of businesses, they account for 44% of employment in the industry—in contrast to the related professional services sector, which comprises 80% of businesses but employs just over half the workforce. 📖 Read the full blog here: https://lnkd.in/gJZipiC8

We are pleased to share the latest results from our Business and Economic Outlook Survey, where business leaders have shared their expectations for the next 1-2 years. Click here for the survey highlights and to view the full data https://lnkd.in/e4Z56QxU

Check out this interesting Business and Economic Outlook Survey by Eden McCallum