Business Sentiment - Quarter 2 - Sentiment

Overall business confidence weakened slightly, with the current conditions index down at -18 and the three month outlook at -14. More concerning is the sharper drop in managers’ assessment of their own business. The current conditions index fell to +5 from +16 in the previous quarter while future outlook slipped to +6 from +18. Sentiment is now at levels last seen during the second half of 2010.