June Quarter Analysis 2019 | Final Report
Business expectations fall as the economy slows
The latest Business Expectations survey shows a slowing economy reflected in a downturn in expectations, the expectations index was down 13.2 per cent, pointing to economic weakness carrying through to the middle of 2019.
- Employment dips after a strong 2018
- Index for actual performance has remained above average of last five years
- Slowing economy reflected in a downturn in expectations and results across most areas
- Selling prices up 20% on previous year