Total member revenue for Quarter 3 2017 is up an impressive 15% on the same period for 2016. The Q3 year-on-year rise is largely evenly distributed across region and area. The month-on-month comparisons for Q3 2017 shows a sharp rise in July and a moving average growth rate of 6%.
8% of all members offer agricultural supplies, rising to 36% of rural members. 50% of members indicate agricultural supplies are higher than last year; and 30% expect sales to be higher in the next 12 months.
The summary review of 2016 indicates:
More generally, B&A’s consumer confidence survey suggest that amid a backdrop of improving employment levels, countrywide consumer confidence is showing modest recovery following the declines experienced during the middle of the year.
The HAI Business Index Q3 performance appears ahead of the curve; when it comes to overall savings and spending, consumer attitudes remain cautious, albeit with Dubliners slightly more optimistic.
A total of 156 member branches throughout the country take part in the monthly business index . For more information about participating call 01 298 0969 or email.