The results from Dun & Bradstreet’s March Business Expectations Survey have highlighted a second consecutive decline in expectations, with businesses issuing subdued forecasts for the three-month period to June 2016, despite reporting an improved actual performance over the previous quarter.
Dun & Bradstreet’s Business Expectations Index, the average of the survey’s measures of Sales, Profits, Employment and Capital Investment, has fallen to 12.7 points for the second quarter of 2016, down 6.2 points from 18.9 points for Q1 2016, and a fall of 7.4 points from 20.1 points for Q2 2015. Nonetheless, it is significantly higher than the 10-year average of 7.0 points.
All Expectations Indices – Sales, Employment, Profit, Capital Investment and Selling Prices – declined over the period. In contrast, the Actuals Index, which measures results from Q4 2015, has improved from 11.0 points to 12.7 points. As the final Index for the quarter, the report draws data from surveys undertaken over January, February and March 2016.
To download the full report click on this link: DB Business Expectations Survey – Q2 2016 final
Source: Dun & Bradstreet Australia