Optimism abounds in the regional economy according to the latest analysis.
Sales and orders have seen an uptick in the first quarter, edging into positive territory, with expectations of turnover improvement among a third of firms surveyed by Hull and Humber Chamber of Commerce. Profit expectations are also heading in the right direction, although increases remain in negative territory overall.
The first quarter of 2023 came with a feeling inflation may also have peaked, adding to the upbeat mood on a lacklustre 2022.
