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Brexit vote behind confidence dip in energy efficiency…

The latest EEVS & Bloomberg report has suggested that supplier confidence in the energy efficiency sector has fallen to its lowest point in five years; detailing a combination of supplier order books, sales prices, government action and staffing levels had experienced an overall confidence fall to (-) 38 points for the second quarter (Q2) of 2016.

This follows a decline of 21 points in the previous quarter to (-) 4; the most significant drop since the trends survey commenced in 2012. 

Furthermore, it is thought that sector confidence has also been hit by the UK’s decision to leave the EU, with a Bloomberg EEVS survey conducted before the vote indicated both suppliers and consumers in energy efficiency favoured a remain vote prior to the outcome on June 23. 

 

View the full report here

 

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