After a sharp rise in February, merchants’ sales expectations and confidence in the market had only one way to go, and it dipped in March, but to the still high levels of preceding months.
Compared to the same month in 2021, merchants’ confidence in the prospects for their own business fell steeply too.
Supply problems continued to affect merchants generally, but there were signs that things were improving. Many merchants had also become better organised and prepared, so they were less affected by shortages and delays.
The Pulse, by MRA Research, is a monthly tracking survey of merchants’ confidence and prospects. Telephone interviewing took place between 1st and 3rd March 2022.
The Pulse is a monthly trends survey that tracks builders’ merchants’ confidence and prospects over time and is produced by MRA Research, the market research division of MRA Marketing. View all reports here.
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