Postitive Economic Indicators...

Posted by Expert Gadget Reviewer on Tuesday, 26 January 2010

The National Association for Business Economics (NABE) released results of their 4th quarter survey on Monday. According to the survey, respondents in the Finance, Insurance, and Real Estate (FIRE) sector, planned to increase hiring in the first half of this year. The survey also pointed out that about 44% of respondents expected to increase capital spending over the next 12 months.

The survey was conducted between December 18 2009 and January 7 2010, and polled 75 members of the NABE. Some other highlights from the survey include:

  • Business decisions being made based on expectations of positive economic growth in 2010
  • Profit margins expanded modestly for the 2nd straight quarter
  • Price increases were more common than price cuts for the 2nd straight quarter
Sounds all good... It hasn't quite hit the office furniture industry in Northern California, but I think we are all ready for it!

To see a summary of the survey, click (HERE).