NAB’s business index has jumped from -14 to -2 index points, the company’s monthly business and economic outlook survey has revealed.
According to the index, confidence also increased, up six points to +4 index points.
The June index suggests that improved confidence has now been reflected in better business outcomes.
You’re out of free articles for this month
To continue reading the rest of this article, please log in.
“Business conditions appear to have rebounded to a level roughly similar to that reported prior to the collapse of Lehman Brothers in September 2008 and the near global meltdown in activity that ensued,” the index said.
Tags:
