The latestย EEVS & Bloombergย reportย has suggestedย that supplier confidence in the energy efficiency sector has fallenย to its lowest point in five years;ย detailing aย combination of supplier order books, sales prices, government action andย staffing levelsย hadย experiencedย anย overall confidence fall toย (-) 38 pointsย for the second quarter (Q2) ofย 2016.
This follows a decline of 21 points in the previous quarter to (-) 4;ย the most significantย dropย since the trends survey commencedย in 2012.ย
Furthermore, it is thought that sectorย confidence has also been hit by the UKโs decision to leave the EU, withย aย Bloomberg EEVS survey conducted before the voteย indicated bothย suppliers and consumers in energy efficiencyย favouredย a remain vote prior to theย outcomeย on June 23.ย
View the full report here