In a survey conducted in Australia in May 2024, 47 percent of small and medium enterprises (SMEs) reported that they expect the Australian economy to be weaker over the next three months. 14 percent of SMEs expected the economy to strengthen over the next three months.
Expectations of small and medium enterprises (SMEs) regarding changes to the economic conditions in the next three months in Australia as of May 2024
Key decision makers/influencers at small and medium enterprises from all industry sectors across Australia responded to the survey. Data is weighted to reflect the distribution by industry, number of employees, and state.
Supplementary notes
Businesses with between 1-500 employees included in sample.
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fifth quadrant. (June 12, 2024). Expectations of small and medium enterprises (SMEs) regarding changes to the economic conditions in the next three months in Australia as of May 2024 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1375870/australia-expectations-of-smes-regarding-economic-conditions/
fifth quadrant. "Expectations of small and medium enterprises (SMEs) regarding changes to the economic conditions in the next three months in Australia as of May 2024." Chart. June 12, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1375870/australia-expectations-of-smes-regarding-economic-conditions/
fifth quadrant. (2024). Expectations of small and medium enterprises (SMEs) regarding changes to the economic conditions in the next three months in Australia as of May 2024. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1375870/australia-expectations-of-smes-regarding-economic-conditions/
fifth quadrant. "Expectations of Small and Medium Enterprises (Smes) regarding Changes to The Economic Conditions in The next Three Months in Australia as of May 2024." Statista, Statista Inc., 12 Jun 2024, https://www.statista.com/statistics/1375870/australia-expectations-of-smes-regarding-economic-conditions/
fifth quadrant, Expectations of small and medium enterprises (SMEs) regarding changes to the economic conditions in the next three months in Australia as of May 2024 Statista, https://www.statista.com/statistics/1375870/australia-expectations-of-smes-regarding-economic-conditions/ (last visited December 22, 2024)
Expectations of small and medium enterprises (SMEs) regarding changes to the economic conditions in the next three months in Australia as of May 2024 [Graph], fifth quadrant, June 12, 2024. [Online]. Available: https://www.statista.com/statistics/1375870/australia-expectations-of-smes-regarding-economic-conditions/
