The latest Dun & Bradstreet business survey has just been released: The recent performance of Australian businesses is failing to meet their own expectations...

Stephen Koukoulas

Market Economics Pty Ltd

The latest Dun & Bradstreet business survey has just been released: The recent performance of Australian businesses is failing to meet their own expectations as a continuation of below-trend growth in the economy begins to impact reported activity this year. According to Dun & Bradstreet's Business Expectations Survey, sales and earnings in particular are falling further behind the three-month projections being made by businesses. Compared to initial expectations, the number of businesses that achieved an increase in sales during the third quarter fell from 43 per cent to 38 per cent. At the same time, the proportion of businesses that reported reduced sales was 20 per cent; more than the 11 per cent that had initially forecast weaker activity. These responses have moved the actual sales index to 18.3 points for the September quarter, short of the expectations index of 32.5 points. Upbeat sales forecasts through to the first quarter of next year have lifted the index further, to 38.7 points. Click here to see the full details: (VIEW LINK)


Stephen Koukoulas
Chief Economist
Market Economics Pty Ltd

Stephen Koukoulas has a rare and specialised professional experience over more than 25 years as an economist in government, as Global Head of economic and market research, a Chief Economist for two major banks and as economic advisor to the Prime...

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