Norfolk manufacturers report dismal domestic sales figures and staffing crisis
PUBLISHED: 06:00 03 January 2019 | UPDATED: 14:25 03 January 2019
The British Chambers of Commerce’s quarterly economic survey has revealed stagnating levels of growth and falling business confidence as a result of Brexit and rising cost pressures.
The findings highlight continued labour shortages in Norfolk, as 79% of manufacturers that tried to recruit report difficulties in finding the right staff, whilst in the Norfolk services sector, 74% reported that they were struggling to recruit.
On top of this, fewer manufacturing firms in Norfolk reported increases in domestic orders and sales this quarter.
Despite this, the county’s businesses have reported a rise in export orders and sales, with both rising to 43 percentage points from 27 and 38 respectively.
Nova Fairbank, head of policy, governance and public affairs for Norfolk Chamber of Commerce said: “Domestic activity in the dominant Norfolk services sector weakened for the second successive quarter, with consumer-facing firms particularly downbeat amid subdued household spending levels and tightening cashflow.”
If you value what this story gives you, please consider supporting the Eastern Daily Press. Click the link in the orange box below for details.