Business Economists Expect Continued Investment, Job Gains

July 17, 2018
NABE releases July Business Conditions Survey.

The National Association for Business Economics (NABE) releases its July 2018 Business Conditions Survey, which indicates strong sales and steady profit margins in the second quarter, as well as increasing materials costs and wages, according to NABE Business Conditions Survey chair Sara Rutledge, independent real estate economist and data science research fellow at StratoDem Analytics. NABE panelists reportedly expect continued growth over the next year and additional job gains. 

Highlights of the report include: 

  • For a fourth consecutive quarter, the share of panelists reporting rising sales at their firms increased.
  • Expectations regarding future sales rose sharply from those in the previous survey.
  • One-third of respondents reports rising profit margins at their firms, a share slightly smaller than the 35% reported in both the April and January surveys.
  • Job growth was widespread at respondents’ firms over the second quarter of 2018, with additional increases likely over the next three months.
  • All panelists expect the expansion in real gross domestic product (real GDP) to continue over the next 12 months.

To read the entire report, visit: www.nabe.com

Sponsored Recommendations

Keys to Improving Safety in Chemical Processes (PDF)

Many facilities handle dangerous processes and products on a daily basis. Keeping everything under control demands well-trained people working with the best equipment.

Get Hands-On Training in Emerson's Interactive Plant Environment

Enhance the training experience and increase retention by training hands-on in Emerson's Interactive Plant Environment. Build skills here so you have them where and when it matters...

Managing and Reducing Methane Emission in Upstream Oil & Gas

Measurement Instrumentation for reducing emissions, improving efficiency and ensuring safety.

Micro Motion 4700 Coriolis Configurable Inputs and Outputs Transmitter

The Micro Motion 4700 Coriolis Transmitter offers a compact C1D1 (Zone 1) housing. Bluetooth and Smart Meter Verification are available.