September Quarter Analysis 2018 | Preliminary Report
Moderate declines expected for sales and profits
The Preliminary survey for the September quarter sees a more cautious outlook for businesses, with the sales expectations index falling 11.5 per cent from the previous quarter to 32.2 points. The profits expectations index also fell 4 per cent on the previous quarter to 26.4 points.
- Actual sales down 26%
- Construction Expectations Index highest since 2013
- 1 in 5 businesses affected by skilled labour shortage
- Capex plans up for fourth quarter in a row