Small business confidence drops again in West Midlands
Research by the Federation of Small Businesses has shown confidence levels among small firms in the West Midlands has dropped again.
Results for the third quarter of this year follow a sharp decline in the previous quarter and means that the region now sits below the UK average.
The FSB Small Business Index for the West Midlands measures regional small businesses’ recent performance, current circumstances and plans for the future.
It showed that revenues over the past three months were down overall – with 10 per cent more respondents reporting a decline than reported an increase.
Similarly, for the next three months, more thought that revenues would decrease than thought the opposite.
