• U.S. Business Economists Report on Economy — January 2016

“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

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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• U.S. Business Economists Forecast Employment, Unemployment — 2016

“Panelists foresee nonfarm payroll growth above 200,000 jobs per month through the end of 2016. But following weak September payroll data, the outlook for 2015 has been revised downward to 202,000 jobs per month. The 2016 forecast for job creation is unchanged from the October survey, just north of 210,000.

”Unemployment rate expectations are slightly more optimistic compared with those in the October survey; the unemployment rate is expected to decline to 4.7% by the fourth quarter of 2016 (compared to 4.8% in the October survey) and average 4.8% next year (compared to 4.9%).…”

Please visit this link to read the full report: National Association for Business Economics

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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• U.S. Business Economists Say GDP, Employment Will Rise

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”Economists participating in NABE’s December 2014 Outlook Survey expect economic growth to accelerate in 2015…. “The NABE panelists’ median forecast is for real GDP growth to measure 3.1% on an annual average basis next year, a marked improvement from the 2.2% growth rate currently expected for 2014. On a Q4/Q4 basis, the panel’s median forecast is for real GDP to climb 2.2% in 2014 and 2.9% in 2015. ”The Outlook Survey panelists anticipate the solid pace of output growth will be accompanied by continued labor market firming, with nonfarm employment expanding by nearly 220,000 jobs per month next year and the unemployment rate falling to 5.4% by the fourth quarter of 2015.” Please visit this link to read the full report: LinkToArticle 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. © 2014 Connecticut Human Resource Reports, LLC URL: http://connecticuthumanresources.blogspot.com/

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