SAA: Hope for the second quarter

However, the values of "good to satisfactory" for all economic factors are still pleasing. Turnover is 100%, the earnings situation is 95% and the employment situation is 100%. However, these values, which are good in themselves, have a flaw, namely the marked shift from "good" to "satisfactory".

Different assessments of the companies
The details are as follows: The number of those companies that rate the earnings situation as good has fallen by 20% to 23% (previous quarter 43%). 72% of SAA members describe the earnings situation as satisfactory (previous quarter 49%) and 4% consider it to be poor (previous quarter 9%).

There are no really bad forecasts
The current sales figures are similar. 38% of SAA members describe their turnover as good (previous quarter 57%). The figures from 62% of the companies are presented as satisfactory (previous quarter 36%) and fortunately none of the reporting companies rated their turnover as poor (previous quarter 6%).
The figures for the employment situation also remain positive: Good 49% (previous quarter 60%), Satisfactory 51% (previous quarter 38%) and Poor 0% (previous quarter 2%).

Expected trends for the second quarter
When asked about the expected employment situation, 28% (previous quarter 13%) stated that they expect the situation to improve, while 72% (previous quarter 85%) expect it to remain the same. No companies expect the employment situation to deteriorate (previous quarter: 2%). At 53%, slightly fewer members expect costs in the materials sector to rise (previous quarter 64%), 47% expect them to remain the same (previous quarter 34%) and none of the companies surveyed expect them to fall (previous quarter 2%).