Key findings from the FNQ December Quarter Pulse Survey indicate that business confidence across our region has plummeted and is reflective of the compounding impact of labour shortages, supply chain disruption and considerably lower consumer spending.
Overall conditions range from ‘poor’ to ‘satisfactory’ with general business conditions, sales/revenue, profitability and capital expenditure all falling. At the same time business operating costs and wage levels continue to remain high.
FNQ businesses are remaining resilient despite the uncertainty that lies ahead in 2022 and are less confident about the Queensland economy over the next twelve months than they are about the National economy.
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Dec21-FNQ-Pulse-Survey Dec21-QLD-Pulse-Survey
