Dun & Bradstreet Business Optimism decreased in Q3 2019

Business Optimism decreased in Q3 2019

Business Optimism Index decreased by 10.7% (q-o-q)

Highlights

• Dun & Bradstreet Composite Business Optimism Index stands at 70.0 during Q3 2019, a decrease of 10.7% as compared to Q2 2019.
• Optimism for net profits stands at 66% - a decrease of 3 percentage points as compared to Q2 2019
• Optimism for new orders stands at 57% - a decrease of 6 percentage points as compared to Q2 2019
• Optimism for volume of sales stands at 65% - a decrease of 9 percentage points as compared to Q2 2019

Mumbai, July 15, 2019: The Dun & Bradstreet Composite Business Optimism Index stands at 70.0 during Q3 2019, a decrease of 10.7% as compared to Q2 2019. Five of the six optimism indices have registered a decrease as compared to Q2 2019.

D&B's Composite Business Optimism Index:  Q2 2001 – Q3 2019

79% of the respondents expect no change in the selling price of their products for Q3 2019. 14% of the respondents expect the selling price of their products to increase during Q3 2019, while 7% expect a decline.

57% of the respondents expect their order book position to improve in Q3 2019 compared to 63% in Q2 2019, a decrease of 6 percentage points. While 37% of the respondents expect new orders to remain unchanged, 6% anticipate new orders to decrease.

Around 40% of the respondents expect an increase in the size of their workforce employed during Q3 2019, the same level as in Q2 2019. While around 56% anticipate no change in the number of employees, around 4% expect their workforce size to decline.

31% of the respondents expect their inventory level to increase during Q3 2019, as compared to 39% in Q2 2019. While 58% anticipate no change in inventory level, 11% expect inventory level to decline.