• ABC Survey (LETS LIE!): Brighter US Economic Outlook Boosts Hiring

    From obama-lies@invalid.org@1:124/5013 to All on Thu Jan 31 19:19:43 2019
    From: "A-1 Fibs & Black Lies, LLC." <obama-lies@invalid.org>
    Subject: ABC Survey (LETS LIE!): Brighter US Economic Outlook Boosts Hiring
    (After 500, 000 jobs go bye-bye in June 2013)
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    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.

               
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