National Australia Bank’s Business Survey for February
Business Conditions, 9
– prior 16 (these were 10 year highs)
– Long run average is 5
– The fall in business conditions was reflected across all
three components of the index (trading conditions/sales, profitability and employment)
Business Confidence, 7
Australia data – Feb. NAB Business Conditions: 9 (prior 16) & Confidence 7 (prior 10)
