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Q3 2017 SME Health Check Index

Q3 2017 SME Health Check Index

The Q3 2017 SME Health Check Index finds that:

  • SME Health Check Index falls to lowest level since January 2014 - falling from 56.3 in Q2 of 2017 to 46.9 in Q3
  • Six out of eight Index measures have worsened in last quarter - employment, revenue, confidence and net business creation indicators are all down
  • SME business costs increased by 2.5% this quarter, with many SMEs unable or unwilling to pass this cost on to customers
  • Business confidence among SMEs at lowest level since EU Referendum
  • The North East, West Midlands and Yorkshire experienced the sharpest declines in their quarter-on-quarter performance

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