Q4 2018 Business Confidence Survey: Good News for Q4 2018; Optimism Slips for 2019

Quarter Four

Jan 27, 2019

Two out of three respondents to Electro-Federation Canada (EFC)’s Q4 Business Confidence Survey believe their Q4 2018 business was better or much better compared to Q4 2017; 14% reported worse sales and 19% reported no change.

EFC’s quarterly Business Confidence Survey invites all key association contacts to participate. Respondents are asked to compare their current quarter and next quarter sales, against the same period last year. A record 103 key member contacts provided their feedback for this latest poll.

Among the key findings:

    • only 56% of respondents expect Q1 2019 sales to be better/much better compared to Q4 2018

    • looking ahead one year, 68% of all respondents believe sales will improve. However, when asked this same question in Q3 2018, this number was much more optimistic, at 84%.

Comments Included:

    • expect some relief from trade tensions offset by some weakness in market.

    • tariffs continue to affect the bottom line

    • economy is still a huge concern in the west

    • concerned about headwinds facing the Canadian economy and overall uncertainty regarding trade

See the full results here: www.surveymonkey.com/results/SM-K8N2ZVXCV/

Related Articles


Changing Scene

  • New E.B. Horsman & Son Northwest Edmonton Distribution Centre Opening Soon

    New E.B. Horsman & Son Northwest Edmonton Distribution Centre Opening Soon

    The countdown begins for E.B. Horsman & Sons’ New Distribution Centre opening date on May 6th. This expansion marks an exciting chapter in EB Horsman’s journey across Western Canada. As the company continues to scale it’s operations, the opening of the New Distribution Centre in Northwest Edmonton will enhance the company’s efficiency, improve service delivery, and meet the… Read More…

  • Southwire Announces Investment in Condoit

    Southwire Announces Investment in Condoit

    In support of Southwire’s focus on strategic growth, the company is pleased to announce an investment in Condoit, a software platform for electrical design, analysis and collaboration. Condoit, based in Birmingham, Ala., has developed a software application to dramatically simplify the process of documenting “as-built” drawings of electrical systems. Condoit’s software aids in the design of… Read More…


Peers & Profiles

  • Taken from Graybar Canada Linkedin Post Enjoy a glimpse of the wonderful moments from Graybar Canada’s recent customer appreciation BBQs! The company was grateful for the smiles and connections made with our amazing customers and vendors. They are looking forward to the next gathering! Source Read More…

  • Article taken from Linkedin Post Electrozad is thrilled to spotlight their Chatham Branch and recognize their exceptional efforts in cleaning up their community. The team took time to coordinate a community clean-up around their branch. This is a commendable initiative that not only helps maintain the cleanliness and hygiene around the branch but also contributes… Read More…