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Business conditions collapse: NAB survey

Matthew Cranston
Matthew CranstonUnited States correspondent

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Business conditions, confidence and demand for workers dived, even before more severe shutdowns were implemented, the latest NAB Business survey shows.

Quarterly business conditions plunged 9 points from the previous quarter to -3 index points, while confidence declined to -11 index points, also down 9 points from the previous quarter.

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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com

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    Original URL: https://www.afr.com/policy/economy/business-conditions-collapse-nab-survey-20200402-p54gcg