Manufacturers “extremely pessimistic” about conditions: ACCI-Westpac survey
Manufacturers are giving a “bleak assessment” of conditions, according to the latest quarterly ACCI-Westpac Industrial Trends Survey, though they intend to lift investment. The Actual Composite weakened in the latest survey — with results out on Tuesday — down from 53.9 in March to 50.7 in June. This is only just above a break-even result…