<H3>• U.S. Business Economists Report on Economy — January 2016</H3>

“Wage and salary increases are becoming more widespread, according to panelists in the January 2016 NABE Business Conditions Survey, even as sales growth and hiring at their firms flatten and they trim their expectations for expansion in the overall economy…

“Nearly half of respondents—the largest share in over a decade—say their firms had increased pay in the past three months, and an even higher share anticipates pay to go up in the first quarter of 2016.

”Meanwhile, there was little change in the percentage of respondents whose firms experienced—or expect—a quarterly increase in sales or employment. For the first time in three years, more than a quarter of panelists expect real gross domestic product to increase by just 2% or less in the next four quarters….”

Please visit this link to read the full report: NationalAssociationBusinessEconomics

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