Fifty four per cent of Clonmel businesses surveyed recently by Clonmel Chamber said they expect their turnover to increase in the coming twelve months.
This result, coupled with a further 38% stating that their turnover has remained constant is, according to Clonmel Chamber, a sign that the town is bucking the trends seen in other towns during the current downturn.
The survey was completed by almost one hundred and fifty locally based companies between February and March and was the first in a series of quarterly surveys that the Chamber plans to undertake.
Forty two per cent of those surveyed had experienced an increase in sales in the first quarter of 2013 while a further twenty nine per cent saw sales remain constant.
Speaking at the launch of the Quarterly Economic Survey results for the first quarter of 2013, Clonmel Chamber president Valerie O’Reilly said: “Clonmel has a well won reputation for being a robust commercial centre and I am not surprised at the positive results contained in the survey findings.”
The costs of doing business were highlighted as a cause for concern amongst almost twenty per cent of local businesses. Commenting on this the Chamber president highlighted the work that the organisation is doing to represent members views on the issue.
“We have recently produced an alternative to the government’s ten point plan along with our colleagues in the Chamber network and the plan contains proven methods of reducing costs for SMEs as a means of enabling them to be more profitable and to create more jobs.”
The Quarterly Economic Survey for the second quarter of 2013 is now available to complete online at clonmelchamber.com.