Sectors hedge their bets despite the positive outlook.
Expectations for Profits continue to rise, hitting a two-year high for Q2 2017.Dun & Bradstreet’s March Business Expectations Survey shows Actual results for Sales and Capital Investment are also trending higher. An additional question regarding the company tax rate drew mixed results across sectors and locations.
"The Business Expectations Index held at a solid level, with a broadly optimistic take on the economy. The business sector is indicating that expectations for the June quarter remain buoyant, although some soft spots remain in the overall positive outlook."
Stephen Koukoulas, Dun & Bradstreet Economic Adviser