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Economic Commentary / Customer intelligence - May 2023

Summary

Aims

The Economic Commentary / Customer intelligence report provides feedback from businesses over the course of the month.

Methods

The methodology consisted of desk research.

Findings

General sentiment suggests - Businesses are generally feeling more optimistic, although for some performance is not yet back to pre-pandemic levels. Businesses in many sectors are reporting full order books including Construction, Aerospace, Engineering, F&D Manufacturing and Technical Engineering. Skills shortages continues to be the main issue that businesses are reporting followed by rising costs and supply chain issues however, more businesses are reporting that it is rising costs (transport, raw materials and components) that are causing challenges.

Recommendations

The paper makes no recommendations.

Record metadata
Documents
Report (441 KB, pdf)
ConsultantScottish Enteprise
Published year2023
Pages3
Document TypeResearch
Theme/SectorExporting, Labour Market and Skills, Other, Sectors