 "Coronavirus, Covid-19, lockdown, social distancing")
Business optimism for the April-June quarter has slumped to its record low, reflecting the plunge in business sentiment owing to the heightened uncertainty around the impact of Covid-19, according to a report.
The Dun & Bradstreet Composite Business Optimism Index stood at 49.40 per cent for Q2 2020 (April-June), a record low and worse than during the 2009 financial crisis. The index registered a decrease of 37 per cent as compared to the year-ago period.
The Dun & Bradstreet Composite Business Optimism Index stood at 49.40 per cent for Q2 2020 (April-June), a record low and worse than during the 2009 financial crisis. The index registered a decrease of 37 per cent as compared to the year-ago period.
“The index has dropped 7 per cent more than it did during the 2009 crisis. The near halt in almost all non-essential activities in
