Home | March 2012News | Mid-market businesses prepare for expansion as confidence surges |
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Mid-market businesses prepare for expansion as confidence surges
- Mid-market businesses prepare for expansion as confidence surges
- March 30, 2012
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Mid-market companies are increasingly looking to expand their operations despite uncertain economic conditions, with capital expenditure and staffing levels both set to rise, according to the latest Commonwealth Bank Future Business Index.
The second edition of the Index rose markedly to a score of 9.3 over the six month period, up from -0.3 in September 2011, with companies recording a far more confident outlook for business conditions over the next six months and citing strong expectations for increases in revenue.
The Index is a bi-annual analysis of the views of financial decision makers in companies with a turnover of $10m - $100m, measuring their outlook for business conditions, investment plans, business challenges, proj...
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