Economists will get another segment of national accounts jigsaw puzzle when the Australian Bureau of Statistics releases business data for the September quarter.

Monday’s report includes company profits and business inventories, such as stock on shelves and in warehouses.

At this stage, economists’ forecasts centre on the economy growing by 2.4 per cent in the September quarter, a partial rebound from the severe seven per cent contraction three months earlier due to the COVID-19 pandemic.

However, it will indicate Australia is emerging from its first recession in nearly 30 years.

Economists will finalise their growth predictions on Tuesday when international trade and government spending data for the quarter is released.

Their growth forecasts range from a rise of between 0.5 per cent to 4.1 per cent.

Despite signs of improvement, almost four in 10 small business (37 per cent) are still predicting the economy will be in a worse state in a year’s time than it is today, the November Sensis Business Index shows.

While the figure is high, it is down from the 56 per cent two months ago and 47 per cent a month ago.

Sensis CEO John Allan said the pandemic was having a lasting effect on small businesses.

“Many feel a bit battered particularly in sectors such as hospitality and retail and many believe it is going to take some time to get the economy back on track,” Mr Allan said.

Conversely, the number of businesses believing the economy will be better in a year’s time is up to 32 per cent, a far cry from 23 per cent last month and just 19 per cent in September.

The Reserve Bank will also release monthly credit data for October on Monday.