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Businesses in Lancashire have reasons for optimism coupled with downward turns in exports and recruitment, according to the latest county statistics.

Data from Q1 of the Quarterly Economic Survey (QES) show no overall improvement in business conditions but slight growth in UK sales and green shoots of recovery for parts of the manufacturing sector in Lancashire.

However, stagnant export sales and ongoing issues with the labour market in the county mean business confidence remains unchanged, with only just over a half of businesses expecting an increase in turnover throughout 2024.

The latest results were published at the Lancashire Economic Breakfast, hosted by the North & Western Lancashire Chamber of Commerce at St Catherine’s Hospice in Lostock Hall.

Check out more of the results below

Lancashire QES – Q1 2024 summary

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