Sunday, August 28, 2011

CBA's Business Sales Survey: Amusement, Entertainment Sectors Post ...

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Commonwealth Banks Business Sales Indictator index fell 0.8 percent in July in seasonally adjusted terms, after a decline of 0.5 percent recorded in June.

Cautious and wary consumer spending had characterized the economy pulling down the confidence among small to medium and even the large business owners in the retail and manufacturing industries.

The data showed that amusement and entertainment continued to be the strongest category (up 1.9 percent), with wholesale and manufacturers up 1.2 percent, and transportation up 0.7 percent.

It also pointed out a 2.2 percent trend decline in vehicle sales (still somewhat affected by the disruption in supply caused by the Japanese earthquake), a 1.2 percent fall in miscellaneous stores, and a 0.8 percent fall in mail/telephone order providers.

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Source: http://www.mediocre-show.com/2011/08/26/cbas-business-sales-survey-amusement-entertainment-sectors-post-growth/

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