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|    co.general    |    More than just amusing South Park antics    |    76,942 messages    |
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|    Message 76,290 of 76,942    |
|    A-1 Fibs & Black Lies, LLC. to All    |
|    ABC Survey (LETS LIE!): Brighter US Econ    |
|    04 Aug 13 04:45:58    |
      XPost: talk.politics.misc, austin.general, houston.general       XPost: rec.autos.driving       From: obama-lies@invalid.org              Companies are increasingly confident the economy will grow at a       modest pace over the next year and are hiring more, according to       a survey of business economists.              Nearly one-third of the economists surveyed by the National       Association for Business Economics said their companies added       jobs in the April-June quarter, according to a report released       Monday. That's the highest percentage in nearly two years. And       39 percent expect their firms will hire more in the next six       months. That's near the two-year high of 40 percent reached in       the January-March quarter.              The hiring pickup occurred even though sales and profit growth       slowed in the second quarter.              Optimism about future economic growth increased. Nearly three-       quarters of the survey respondents forecast growth of 2.1       percent or more over the next 12 months. That's up from two-       thirds in the first quarter survey, released in April, and the       most in a year.              The quarterly survey's results echo much of the recent data       tracking the economy. Growth has been slow in the past nine       months, but employers have added jobs at a healthy pace. Many       economists anticipate that the steady hiring will help       accelerate growth in the second half of this year.              The NABE surveyed 65 of its member economists between June 18       and July 2. The economists work for companies from a variety of       industries, including manufacturing, transportation and       utilities, finance, retail and other services.              Among the findings:              — Only about 35 percent of the respondents said sales at their       firms increased in the second quarter. That's sharply lower than       the 55 percent who reported rising sales in the first quarter.       And 15 percent said sales fell, up from 9 percent in the first       quarter.              — Profit growth also slowed: Only 21 percent of respondents said       profit margins increased last quarter, down from 29 percent in       the first.              — Only 19 percent of economists said their firms were raising       wages and salaries, down from 31 percent in April and the lowest       proportion since October.              — A small but increasing minority of respondents say that       government spending cuts and tax increases have hurt their       businesses. Twenty-six percent of the economists said their       firms were negatively impacted, up from only 16 percent in       April. Still, 74 percent said the government policies had no       impact on their businesses, though that's down from 79 percent       three months earlier.              http://abcnews.go.com/US/wireStory/survey-brighter-us-economic-       outlook-boosts-hiring-19730977              What kind of moron would try and spin bad numbers like this       using a survey?              Oh yeah, an ABC employed moron.                             --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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