According to the June 2013 quarter, Dun & Bradstreet’s National Business Expectations Survey fewer executives are planning to make a capital investment in their business during the coming months, with investment expectations among Australian businesses fading in the lead-up to the middle of the year.
Amid a broad drop-off in business expectations for the June 2013 quarter, Dun & Bradstreet’s National Business Expectations Survey shows the outlook for capital investment moving down nine points to an index of five, its lowest point since the September 2011 quarter. The lower investment outlook brings the index closer to the level of recent activity, with actual capital investment during the December 2012 quarter below the 10-year average, at an index of one.
Investment expectations dropped most significantly in the manufacturing sector, with the index among non-durables manufacturers at negative one for the quarter ahead. The outlook for retailers is also in negative territory, while the capital investment index for wholesalers is flat.
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