Business Chamber Queensland's Pulse Report March quarter is now available
Business Chamber Queensland’s Pulse Survey of business conditions for the March quarter is now out and shows while retaining and recruiting employees is still the most significant constraint for business, interest rates are having the highest impact on growth in more than a decade.
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General business conditions decreased slightly but remain satisfactory, and are expected to hold in the June quarter.
Total sales revenue in the March quarter decreased, indicating a marginal decline in sales.
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While business confidence in the future of the state and national economies increased slightly, both remain weak.
63% of businesses indicated their profitability weakened during the March quarter.
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Employment levels and capital expenditure were both steady in the March quarter, both satisfactory.
81% of businesses reported higher operating costs during the March quarter and 59% businesses reported higher labour costs.
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Hear more about the recent Pulse data from Business Chamber Queensland's Advocacy team on Thursday, May 25 at 12:00pm at Brisbane Business Hub.
Join our expert policy and research team to understand what the latest business sentiment data means for businesses in Brisbane - now and in the future.
Event details:
Topic: Pulse Check: Business Chamber Queensland’s Latest Business Sentiment Data
Date: Thursday, May 25
Time: 12:00pm to 2:00pm
Venue: Brisbane Business Hub
Address: Level 2, 155 Queen St, Brisbane
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