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Forward orders at four-year low
Mar 12, 2013 (The Australian - ABIX via COMTEX) --
A survey of 500 Australian businesses by National Australia Bank (NAB) has highlighted a drop in confidence between January and February 2013. The economists responsible for the survey said it reflected factors including the high Australian dollar and a lack of activity in the construction industry. The survey also showed a drop in the volume of forward orders to a three-year low.
Publication Date: 13 March 2013
NATIONAL AUSTRALIA BANK LIMITED - ASX NAB
RESERVE BANK OF AUSTRALIA
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED - ASX ANZ
JP MORGAN AUSTRALIA LIMITED
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