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Management School Associate Dean forecasts a positive quarter for the Sheffield City Region

Professor Andrew Simpson

The Sheffield City Region Quarterly Economic Survey – an authoritative private sector business survey, based on nearly 400 responses from firms across the region – suggests that regional economic growth was generally positive in the second quarter of 2016, and that firms held a positive outlook on the regional economy looking forward.

Professor Andrew Simpson, Associate Dean for External Business Advancement at the Management School, analysed the survey results and presented a snapshot of how the region performed to delegates from all four regional chambers of commerce, the LEP and sponsors RBS in Chesterfield on 12 July.

He said: “Overall the results show a confident regional view of the economy. The forward-looking predictions are likely to see some measure of fluctuation in the short term following the referendum, and the next quarter’s survey will be critical in understanding the effects of the vote to leave the EU.

“It’s important that Sheffield University Management School is at the heart of discussion around the regional economy and being involved with the Quarterly Economic Survey has given us great insight into the progress and fluctuations we see locally.

“The next survey will be distributed in August and should reveal any potential impact of the EU referendum result on the business economy.”

The Q3 survey opens on 22 August and runs through 12 September 2016. Everyone who responds will be entered in a prize draw to win free flights to Berlin. Visit www.screconomy.org.uk for further information.

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