Business confidence falls sharply in August

By Liz Trethowan · 15 September 2011 · Economy

Business Confidence Plummets: What's Behind the Shocking Drop?

The latest economic report reveals a sharp decline in business confidence, but what's driving this sudden shift? Find out the surprising factors behind the downturn in our exclusive summary.

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Summary

Business confidence dropped in August, thanks largely to increased global uncertainty, major falls in equity markets and a widespread fear of European debt.

Tags: Business Confidence, business confidence falls, confidence falls across all industries, NAB business confidence indicator