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Jane Jackson on developments at Solihull Chamber

COMING back into work following a long Christmas holiday is never a move I look forward to but this year it seems everything is different.

COMING back into work following a long Christmas holiday is never a move I look forward to but this year it seems everything is different. First of all we seem to have survived the end of the world as predicted in the Mayan calendar for December 21, 2012.

And secondly the Chamber’s latest quarterly economic survey has plenty for us to look forward to.

The last quarter of 2012 was a good one for the service sector.

In particular the survey of Birmingham Chamber of Commerce Group members, of which Solihull Chamber is a part, finds a significant increase in businesses who are exporting.

The main activities of the service sector, which is the predominant number of Chamber members, include retail, tourism, hotels, catering, finance and business services, marketing and media, public and voluntary sector.

And it is 40 per cent of these businesses who are reporting an increase in export sales from 30 per cent in the previous quarter.

The number of businesses reporting increased orders is up from 27 per cent in the previous quarter to 32 per cent.

While cash flow is holding up quite well, it is disappointing that investment plans are a bit uncertain but that reflects the lack of business confidence. So for Solihull businesses, 2013 has started on a high note.

 

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