21 July 2015

• U.S. Business Economists Say Economy Improving — July 2015


"The July 2015 NABE Business Conditions Survey report presents the responses of 112 NABE members and selected other industry economists to a survey on business conditions in their firms or industries conducted June 17-July 1, 2015, and reflects second-quarter 2015 results and the near-term outlook.

“The July 2015 Business Conditions Survey results show a majority of panelists expect solid growth for the remainder of 2015…. The panel reports markedly increased shortages in the July survey, especially of skilled labor….

Wages: “Close to half of the panel (49%) anticipates wages will increase in the next three months (compared to 51% in the January survey and 46% in the April survey). Only 2% of respondents expect their firms to reduce wages and salaries in the next three months, similar to the 1% who held that view in the April survey.

Employment: “The share of survey respondents reporting increased employment at their businesses during the second quarter rose modestly to 36%, up from 35% in April and 34% in January. Falling employment was reported by a larger percentage of respondents than in April: 12% of the panel reported employment declined at their firms in the latest quarter compared to 7% in the previous survey.

"Employment declines were more prevalent for goods producers (25%) and transportation, utilities, information, communications firms (17%) than for finance, insurance, real estate firms (9%) or services businesses (5%)...."

Please visit this link to read the full report: NationalAssnBusinessEconomics

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


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