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3rd Quarter Industry Insight Survey 2012

September 14, 2012

The results are in. The effects of the economic slowdown we see in Europe and Asia seem to be putting people on edge. Pessimism is again increasing.

The majority of respondents showed a profitable quarter, but a drop in sales over the last two weeks. We may be able to attribute the drop to the normal summer dip in sales rather than a macro level slowdown. However, all indicators suggest many firms are going into freeze mode.

The remainder of this quarter will be telling. Respondents aren’t expecting the sales boost we usually see in the third quarter. We hope the profits reported in the second quarter are indicative of a turnaround and the lag in sales the last two weeks is not prescient of a double dip recession (Or, as many say, continued downturn)

We appreciate your support over the last years for survey and hope it is a help.

Lets get right to the survey.

Dave Regan
CEO Semper

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