27 October 2015

• U.S. Business Economists Say Continued, but Slower Growth — October 2015

“• Expectations for wage increases over the next three months are lower in the current survey, indeed at their lowest level since October 2014. Forty-four percent of respondents anticipate increases in wages and salaries resulting in an NRI of 40, compared to an NRI of 47 in the previous survey.

• Survey results reflect moderating employment conditions, with the NRI slipping to its lowest level since April 2014. Roughly one-third of respondents from each sector reports rising employment during the third quarter, although the resulting NRIs by sector are quite different. Employment conditions were weakest among goods producers with 40% of respondents from this sector reporting declines for an NRI of -10.

• The share of respondents expecting their firms to increase employment in the next three months— 29%—is the smallest this year. Fourth-quarter employment growth is expected to be concentrated in the finance, insurance, real estate (FIRE) and services sectors, which have NRIs of 29 and 27, respectively. Equal shares of respondents from the goods-producing and transportation, utility, information, communication (TUIC) sectors expect rising and falling employment in their respective sectors.…”

Please visit this link to read the full report: NationalAssociationForBusinessEconomics

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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