BUSINESS activity fell for the second month in a row in November, according to the South West Business Activity Index compiled by NatWest.
The index, which combines the output of the region’s manufacturing and service sectors, shows a drop from 49.7 in October to 47.1 in November.
The rate of reduction was solid overall, albeit much slower than those seen during the height of the pandemic.
Companies linked lower business activity to the renewed lockdown measures stemming from the coronavirus pandemic, and a subsequent drop in client demand.
That said, new business fell at a softer pace than seen in October.