NAB: The trend in business conditions has lost momentum

NAB: The trend in business conditions has lost momentum. The fundamental story painted by the January Business Survey is still one of a soft economy, with little momentum, weakish confidence and considerable difference across sectors. At the margin the Survey was a touch softer than December. Business conditions were a little lower (on an un-rounded basis) from a downwardly revised December result. In January, sales deteriorated considerably, profits eased and employment remained soft. Thus business conditions are increasingly below long-run average. Full analysis here: (VIEW LINK)

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.