What Does Low Business Confidence Mean

What Does Low Business Confidence Mean

Comments Off on What Does Low Business Confidence Mean

Low business confidence really means that businesses are operating from a fear principle instead of optimism. Firms worry about what might happen if there is a global economic meltdown. They lay off staff and shelve any plans they had for expansion. The trouble is that when enough companies do this it impacts on the global economy even more and becomes a self-fulfilling prophecy of gloom.

It’s all very well to point out that a national survey recorded confidence has fallen from the previous weak 21 index points to a record of -29, the weakest since 1997 when records were first taken. But take note that this was a survey of only 400 firms. Certainly the global economy has taken a beating – mainly due to people’s greed to start with. But businesses have lost confidence in the future mainly because they don’t know what effects the current global shock will have.

Maybe companies should start to think along the lines of the economy starting to improve, rather than getting worse. That’s what the National Australia Bank (NAB) has predicted – a slight increase over the next few years, while the Reserve Bank is even more optimistic, predicting a even stronger growth. With world powers all working hard to keep the economy from going up in flames it must certainly begin to improve before long.”

admin

Related Posts

Flooring business gradually take the road of transition

Comments Off on Flooring business gradually take the road of transition

How To Find Angel Investors For Your Business

Comments Off on How To Find Angel Investors For Your Business

Points To Start And Run A Prosperous Animal Therapy Business

Comments Off on Points To Start And Run A Prosperous Animal Therapy Business

Find Risk Transformation Approach For Business Management

Comments Off on Find Risk Transformation Approach For Business Management

Rosy Business 5 Top Secrets To A Successful Business

Comments Off on Rosy Business 5 Top Secrets To A Successful Business

Full Service Lead Generation Is The Key To Upgrade Your Business Ventures

Comments Off on Full Service Lead Generation Is The Key To Upgrade Your Business Ventures

Government Business Financing In Canada Canadian Govt Loans Deliver

Comments Off on Government Business Financing In Canada Canadian Govt Loans Deliver

Advantages Of Forum Marketing For Your Online Home Based Business

Comments Off on Advantages Of Forum Marketing For Your Online Home Based Business

Why You Need Accountants Brisbane Services For Your Small Business Needs

Comments Off on Why You Need Accountants Brisbane Services For Your Small Business Needs

Strategies for Generating Leads for Your myDoterra Business

Comments Off on Strategies for Generating Leads for Your myDoterra Business

The Top 7 Business Social Networks Of 2014

Comments Off on The Top 7 Business Social Networks Of 2014

Conduct Online Business Properly And Securely

Comments Off on Conduct Online Business Properly And Securely

Create Account



Log In Your Account