23 July 2013

• U.S. Business Economists Say Q2 Sales Growth Slowed


”Sales growth decelerated during the second quarter of 2013 as the net rising index (NRI)—the percentage of panelists that reported rising unit demand minus the percentage that reported falling demand—declined to 20. The measure had jumped to 47 the previous quarter after holding steady at 22 throughout the second half of 2012.

”Just over a third of respondents—35%—reported rising sales at their firms, down from 55% in April and only slightly below percentages seen the three previous quarters.

”Meanwhile, 15% of panelists reported falling sales, up from 9% in the previous survey but equal to the share reported in January 2013.”

See the complete report at this link: NABE


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