The latest findings from the Business Expectations Survey from Dun & Bradstreet Australia for the December quarter indicate a sharp turnaround in business expectations reversing several months of gloomy prospects. Key points for the survey include:
- Sales and profits expectations have recorded the greatest one-quarter rises since the survey began – 44 percent of respondents expect an increase in sales and 31 percent expect an increase in profits
- The employment indicator has also risen sharply with 15 percent of businesses expecting to increase staff in the December quarter and 8 percent anticipating a decrease
- Capital investment expectations are at the highest level in six years – 17 percent of firms expect an increase in this area and five percent expect a decrease
- Expectations for growth in inventories has reached the highest level in five years – 18 percent of firms plan to increase stock while 10 percent expect to decrease inventories
- Selling price expectations have fallen to the lowest level in more than four years – 35 percent of firms expect to increase prices and 8 percent intend to cut prices
To read the full story click on the link: https://2018.biia.com/cci_industry_news.php
