NAB April business survey: “resilient” but “fragile”?

08 May 2023

 

Summary: Business conditions slip again in April; survey shows “economy remains resilient”; confidence improves again; Westpac: “business mood remains fragile”; capacity utilisation rate steady, remains elevated. NAB’s business survey indicated Australian business conditions were robust in the first half of 2018, with a cyclical-peak reached in April of that year. Readings from NAB’s index then began to slip and forecasts of a slowdown in the domestic economy began to emerge...

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