New NABE Survey Shows Increased Optimism about GDP, Fewer Price Pressures
A new survey from NABE suggests an improvement in economic conditions through higher sales and rising profit margins, continued optimism concerning real GDP growth, and continued price stability, although there are some indications of rising price pressures in wages.
“The survey results suggest increased optimism concerning real GDP growth, as well as fewer inflationary or deflationary pressures,” said Dr. Nayantara Hensel, Professor of Industry and Business at National Defense University. “About two-thirds of NABE Industry Survey panelists expect that real GDP will grow at a rate exceeding 2% between the fourth quarter of 2011 and the fourth quarter of 2012. Over 80% of respondents reported unchanged or rising sales and profit margins. The survey results also suggest greater stability in prices.”
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