Day: December 15, 2023

Employers

Economy Beat Expectations in Second Half

Staffing Industry Analysts (12/15/23) The US economy beat expectations in the second half of this year, though growth will slow next year, according to the December results of the biannual Livingston Survey. Economists surveyed now believe US gross domestic product will have increased at a 3.1% annualized growth rate in the second half of this year. That’s up from a contraction of 0.7% estimated in

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Employers

ISM Reports Economic Improvements to Continue in 2024

PRNewswire (12/15/23) Economic improvement in the U.S. will continue in 2024, say the nation’s purchasing and supply management executives in the December 2023 Semiannual Economic Forecast by the Institute for Supply Management. Revenues are expected to increase in 15 of 18 manufacturing industries and 16 of 18 services-sector industries. Capital expenditures are expected to increase by 11.9% in the manufacturing sector (after a 14.9% increase

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