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|Dun & Bradstreet Business Expectations Survey - Q3 Interim results|
|Tuesday, 07 June 2016|
The results from Dun & Bradstreet’s May Business Expectations Survey have highlighted a continued downward trend in expectations for the three-month period to 30 September 2016. With 35.5% of businesses surveyed believing consumer confidence will have the most impact on operations in the quarter ahead the impending July federal election could be weighing on optimism. However, the Employment Expectations Index showed signs of improvement, with the Manufacturing and Transport, Communication & Utilities sectors reporting a better employment outlook.
Dun & Bradstreet’s Business Expectations Index, the average of the survey’s measures of Sales, Profits, Employment and Capital Investment, has fallen to 10.7 points for the third quarter of 2016, down from 12.7 points for Q2 2016 and 17.6 points in Q3 2015. The figure is 3.5 points above the 10-year average of 7.3 points.
The Actuals Index plummeted to a two-and-half-year low of 4.1 points, compared with 12.7 points last quarter, and bringing an end to three consecutive quarters of growth.
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