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NAB Quarterly Business Survey – June 2024
Business conditions eased in Q2 as slow economic growth and soft consumer demand growth weighed on firms’ trading conditions and squeezed profitability. A range of forward-looking indicators were also soft, with confidence still negative, forward orders weakening further, and firms’ expectations for future business conditions falling. From an inflation perspective, the pace of materials cost growth is easing but capacity utilisation is still elevated and labour availability remains a significant challenge for around a third of firms, with labour cost growth unchanged at an elevated rate and wages remaining the ... (full story)
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From rba.gov.au|Jul 17, 2024The output gap – the difference between actual output and potential output – is an important consideration for monetary policy as it is a measure of the extent of spare capacity ...
From abs.gov.au|Jul 17, 2024In trend terms, in June 2024: • Unemployment rate remained at 4.0%. • Participation rate remained at 66.8%. • Employment increased to 14,402,500. • Employment to population ratio ...
From macrobusiness.com.au|Jul 17, 2024|1 commentAhead of the Australian Bureau of Statistics (ABS) June labour force release later today, Jobs & Skills Australia published its internet vacancy index (IVI), which plunged by 4.2% ...
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From bnnbloomberg.ca|Jul 17, 2024|2 commentsJapan’s exports grew for a seventh consecutive month in June, supporting the view that in the second quarter the economy will recover from its contraction at the start of the ...
From forex.com|Jul 17, 2024Economic data in Australia is mixed. On one hand, this makes things tricky, we feverishly pour through data points to draw contrasting conclusions. On the other, it makes things ...
From acy.com|Jul 17, 2024The USD is currently influenced by two conflicting forces, each driving its path in different directions. On the positive side, the anticipation of a second presidential term for ...
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- Posted: Jul 17, 2024 9:47pm
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 2,769
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