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|Dun & Bradstreet Business Expectations Survey - 4Q16 Interim Results|
|Tuesday, 06 September 2016|
Businesses are optimistic going into the final quarter of 2016 following an improved performance in the second quarter. The results from Dun & Bradstreet’s August Business Expectations Survey show higher expectations for sales, employment, selling prices and profits for Q4 compared to Q3. The upbeat outlook reflects business attitudes regarding the results of July’s federal election, where positivity continues to outstrip pessimism.
According to Stephen Koukoulas, Economic Advisor to Dun & Bradstreet, “The positive tone in business expectations since the election has been sustained and the results point to a period of solid economic expansion right through to the end of 2016. Encouragingly, expected sales, profits and employment have lifted further, and all well above their long-run averages.”
Dun & Bradstreet’s Business Expectations Index, the average of the survey’s measures of Sales, Profits, Employment and Capital Investment, has increased to 17.8 points for the fourth quarter of 2016, up from 12.3 points for Q3 2016, but down from 21.8 points in Q4 2015. The interim Q3 result is 9.9 points above the 10-year average of 7.9 points.
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