{"id":909,"date":"2011-09-22T01:58:55","date_gmt":"2011-09-22T05:58:55","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=909"},"modified":"2011-09-22T01:58:55","modified_gmt":"2011-09-22T05:58:55","slug":"westpac-acci-survey-of-industrial-trends","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/22\/westpac-acci-survey-of-industrial-trends\/","title":{"rendered":"Westpac\u2013ACCI Survey of Industrial Trends"},"content":{"rendered":"<p>The Westpac\u2013ACCI Survey of Industrial Trends reports that:<\/p>\n<p>\u2022 The fall in general business conditions is sharper than in 2008\/09<br \/>\n\u2022 Labor demand softened and availability of labor increased appreciably<br \/>\n\u2022 Firms&#8217; profit expectations slumped further &#8212; the weakest since 2009.<\/p>\n<p>It concludes with the following statement:<\/p>\n<blockquote><p>This is a survey which is sending a very clear message. It is time for the authorities to ease financial conditions. Inflation pressures are weak; labor markets are soft; and investment and export plans have softened. Westpac predicted that the Reserve Bank would cut rates in December back in mid July. The case for lower rates is now strong.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The Westpac\u2013ACCI Survey of Industrial Trends reports that: \u2022 The fall in general business conditions is sharper than in 2008\/09 \u2022 Labor demand softened and availability of labor increased appreciably \u2022 Firms&#8217; profit expectations slumped further &#8212; the weakest since 2009. It concludes with the following statement: This is a survey which is sending a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/22\/westpac-acci-survey-of-industrial-trends\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Westpac\u2013ACCI Survey of Industrial Trends&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40],"tags":[534,1858,2046,2788,2860],"class_list":["post-909","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","tag-business-conditions","tag-interest-rates","tag-labor","tag-profit-expectations","tag-rba"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Westpac\u2013ACCI Survey of Industrial Trends - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Westpac\u2013ACCI Survey of Industrial Trends - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The Westpac\u2013ACCI Survey of Industrial Trends reports that: \u2022 The fall in general business conditions is sharper than in 2008\/09 \u2022 Labor demand softened and availability of labor increased appreciably \u2022 Firms&#8217; profit expectations slumped further &#8212; the weakest since 2009. It concludes with the following statement: This is a survey which is sending a &hellip; Continue reading &quot;Westpac\u2013ACCI Survey of Industrial Trends&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/22\/westpac-acci-survey-of-industrial-trends\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2011-09-22T05:58:55+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/22\/westpac-acci-survey-of-industrial-trends\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/22\/westpac-acci-survey-of-industrial-trends\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Westpac\u2013ACCI Survey of Industrial Trends\",\"datePublished\":\"2011-09-22T05:58:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/22\/westpac-acci-survey-of-industrial-trends\/\"},\"wordCount\":108,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"business conditions\",\"interest rates\",\"labor\",\"profit expectations\",\"RBA\"],\"articleSection\":[\"Australia &amp; NZ\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/22\/westpac-acci-survey-of-industrial-trends\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/22\/westpac-acci-survey-of-industrial-trends\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/22\/westpac-acci-survey-of-industrial-trends\/\",\"name\":\"Westpac\u2013ACCI Survey of Industrial Trends - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2011-09-22T05:58:55+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/22\/westpac-acci-survey-of-industrial-trends\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/22\/westpac-acci-survey-of-industrial-trends\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/22\/westpac-acci-survey-of-industrial-trends\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Westpac\u2013ACCI Survey of Industrial Trends\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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This is a still solid reading, above the historic average of 49 and up from an average of 52.4 for 2014. The trend strengthening of the Composite\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49825,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/03\/12\/a-brief-market-pause-but-crude-oil-could-spoil-the-party\/","url_meta":{"origin":909,"position":1},"title":"A brief market pause but crude oil could spoil the party","author":"Colin Twiggs","date":"March 12, 2024","format":false,"excerpt":"The S&P 500 is retracing to test short-term support at 5050. Trend Index troughs high above zero signal strong buying pressure but the latest, lower peak warns of a correction. 10-Year Treasury yields are retracing to test the latest ST resistance at 4.10%. Respect would indicate another decline, with a\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-12-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-12-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-12-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":61935,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/06\/10\/australia-cautiously-pessimistic\/","url_meta":{"origin":909,"position":2},"title":"Australia: &#8220;cautiously pessimistic&#8221;","author":"Colin Twiggs","date":"June 10, 2025","format":false,"excerpt":"Summary The ASX 200 threatens a new high But consumer sentiment is low Business conditions are weak Commodity exports are slowing, and so is economic growth ASX 200 earnings are likely to follow The ASX 200 is testing resistance at 8600. Breakout would signal a fresh advance, but the earnings\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"ASX 200 Index","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-06-10-xjo.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-06-10-xjo.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-06-10-xjo.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":44118,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/09\/13\/nfib-small-business-survey\/","url_meta":{"origin":909,"position":3},"title":"NFIB small business survey","author":"Colin Twiggs","date":"September 13, 2023","format":false,"excerpt":"The NFIB small business optimism index remains at depressed levels, declining to 91.3 in August, compared to the 49-year average of 98. Inflation continues to be a problem: \"Twenty-three percent of small business owners reported that inflation was their single most important business problem, up two points from last month.\u2026","rel":"","context":"In &quot;Crude Oil &amp; Natural Gas&quot;","block_context":{"text":"Crude Oil &amp; Natural Gas","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/crude-oil-natural-gas\/"},"img":{"alt_text":"NFIB Small Business Optimism Index","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-09-13-nfib-optimism.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-09-13-nfib-optimism.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-09-13-nfib-optimism.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":50703,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/04\/03\/asx-retreats\/","url_meta":{"origin":909,"position":4},"title":"ASX retreats","author":"Colin Twiggs","date":"April 3, 2024","format":false,"excerpt":"Australian stocks followed the US market lower, with the ASX 200 headed for a test of short-term support at 7700. Trend Index troughs high above zero continue to signal strong buying pressure and the correction is likely to be short. The retreat was led by Financials, lower Trend Index peaks\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"ASX 200","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-04-02-xjo.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-04-02-xjo.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-04-02-xjo.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":60846,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/02\/08\/inflation-spooks-treasuries-and-stocks\/","url_meta":{"origin":909,"position":5},"title":"Inflation spooks Treasuries and stocks","author":"Colin Twiggs","date":"February 8, 2025","format":false,"excerpt":"Rising inflation expectations and robust economic data mean the Fed will likely pause rate cuts for several months. Stocks reacted negatively, but gold seemed unfazed. The US economy shows slow but steady growth, with total weekly hours worked growing at an annual rate of 1.0% compared to real GDP at\u2026","rel":"","context":"In &quot;Deficit Spending &amp; Employment&quot;","block_context":{"text":"Deficit Spending &amp; Employment","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/deficit-spending-employment\/"},"img":{"alt_text":"Real GDP & Total Hours Worked","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-02-07-realgdp-hours.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-02-07-realgdp-hours.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-02-07-realgdp-hours.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=909"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/909\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}