Suppliers show themselves to be more confident than IBDs

The graph is quite startling. Suppliers are on an upward confidence trajectory whereas IBDs are reporting flat results at best.

The graph – and the three business confidence questions – can be found at:

http://www.bikebiz.co.uk/web/barometer/

The sudden jump by the flat red line is due to the fact Monday and Tuesday were the first days of the supplier barometer voting.

Not all the suppliers on the panel voted (some of the industry figures are on holiday) but the panel is highly representative of the UK industry, see the link below.