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VoCUL: US Economy Holds Steady - Another Uptick in Hiring (Leading Indicator)

Macroeconomic Outlook - Business Trends: Our latest Business Trends survey shows the US economy is holding steady, though sales growth is stronger than a year ago. Results also point to further positive momentum in the US labor market. Cap budgets are improved slightly and at the highest September reading in more than a decade. Meanwhile, sales projections for Q4 are essentially unchanged, and customer willingness to spend money remains strong, but is also unchanged. The survey of 1,628 US corporate respondents from 451 Research's Leading Indicator panel was completed on September 15.


Tracy Needham

Research Director