Firms in the North East 'confident' as economic activity rises
The Journal
|September 10, 2025
PRIVATE sector firms in the North East saw an increase in both activity and confidence in August, a new business survey suggests.
The latest NatWest Growth Tracker data for the region which measures the output of the region's manufacturing and service sectors rose to a score of 54.5 in August, with any score above 50 denoting growth in the economy.
Companies in the region were increasingly confident regarding the year-ahead outlook for activity, and while jobs continued to be cut, it was at the softest rate in the current nine-month sequence of contraction. Cost inflation for firms eased to the slowest since last November 2024 and though firms raised their prices, they remained below input costs.
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