D&B business survey eases

Tuesday 5 August 2014

The Dun and Bradstreet business expectations survey puts in a mixed performance this month:

Recall that this survey is poorly named. Expectations lag actual performance by a quarter or two, not the other way around. As well, it radically under-represents mining. That said, sales hopes are reaching for the sky:

Employment the same:

Capex has eased:

Profits are fading:

And selling prices still booming:

Full report here.

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.