-
NAB: Australia Q1 business confidence -2 (prior -6)
This quarterly survey does not attract the same amount of attention as the monthly survey. Thats doubly so today given it was released at the same time as the much-awaited (it always is) jobs report: Australian February March unemployment rate 3.8% (vs. 3.9% expected) - NAB conducts both a monthly business survey and a quarterly survey. Both surveys aim to provide insights into the state of the economy and the performance of businesses. There are some key differences between the two, apart from the obvious (frequency of data collection and timeliness of release) a key difference is scope of coverage: The monthly ... (full story)