<\/span>\u00a0Primary drivers behind the warnings<\/span><\/h2>\nFrom the data and commentary, the major reasons companies cited include:<\/p>\n
\n- Contract and order cancellations or delays<\/strong> \u2013 in Q1, 40% of warnings cited this reason (highest in 25 years of EY analysis). (EY<\/a>)<\/li>\n
- Policy change and geopolitical uncertainty<\/strong> \u2013 in Q2, ~46% of warnings cited this, up sharply from ~4% a year earlier. (EY<\/a>)<\/li>\n
- Tariff-related impacts, supply chain disruption, cost pressures<\/strong> \u2013 in Q2, one in three warnings (34%) cited tariff-related impacts. (EY<\/a>)<\/li>\n
- Weaker consumer confidence<\/strong> \u2013 in Q3, ~19% cited this; for retail companies the proportion was higher (~56%). (Business Money<\/a>)<\/li>\n
- Sectoral stress<\/strong> \u2013 for example, within construction and materials there was a sharp increase in warnings; sectors such as software, industrial support services and retail also rank highly. (EY<\/a>)<\/li>\n<\/ol>\n
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