D&B Business Expectations Survey deteriorates

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The September quarter Dunn and Bradstreet Business Expectations Survey is out this morning and is not encouraging.

Sales expectations are down:

sales

Employment expectations are down more swiflty:

employemnt

Capex expectations are way down:

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capex

But profit expectations are up:

profits

Seemingly on price hikes:

price

Good luck with that!

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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.