Latest report: 6th March 2023
The full GC Situation Report contains detailed data on the economy, and results of the GC Survey and Business Confidence Index. It also provides headline data for local authorities in Greater Manchester.
Download the latest full GC Situation Report here.
Download the report infographic here.
Business confidence continues to be strong in the face of difficult economic circumstances. However, the main risks of elevated costs, decreased sales, and cashflow issues remain.
Cost risks have remained steady in the latest survey and is a major problem for well over a third of firms.
Just under three-quarters of firms have reserves to last over 6 months, a slight decrease from the previous month.
Cashflow problems are continuing to affect nearly a quarter of businesses as a serious risk, and the survey this month shows an increase in firms reporting late payments.
The main business support needs are business planning, marketing, and workforce development.
The proportion of firms in the survey recruiting from last month has increased, however, three-fifths of firms report workforce skill gaps, in particular within sales, digital and team leadership skill / team working.
For more information on this survey please contact
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The information provided is meant as a general guide only rather than advice or assurance. GC Business Growth Hub does not guarantee the accuracy or completeness of this information and professional guidance should be sought on all aspects of business planning and responses to the coronavirus. Use of this guide and toolkit are entirely at the risk of the user. Any hyperlinks from this document are to external resources not connected to the GC Business Growth Hub and The Growth Company is not responsible for the content within any hyperlinked site.