NAB Business Survey: Trading booms

Tuesday 14 July 2015

The NAB business survey is out today and was very positive:

Those headline numbers in confidence, conditions and especially trading are very good. However, employment remains weak as does capex:

NAB reckons:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.