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1.Market Observations, 2.Economic forecasts, 8.Was Sticky

16 Jan 2017 (AFR) – Apartments and milk powder a bad bet in 2017, says IBISWorld

(16 January 2017, AFR, p6, by Su-Lin Tan)

‘Looking to start a business in 2017? Stay away from apartment development and milk powder manufacturing. According to research from IBISWorld, these industries, as well as mineral exploration, heavy industry and other non-building construction and grain growing, will suffer a decline in earnings this year. Apartment development, heavy industry construction will have the biggest losses, suffering a 26 and 38 per cent decline in income respectively. “Many of the industries likely to disappoint this year have performed strongly in…’

Read more (and see the table from IBISWorld of the likely high-flying, and low-flying industries for 2017) at AFR.com (might need AFR login access, or try: AFR.com/trial)

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