Profit Net Rising Index, April 2010 NABE Industry Survey
With all the major employment reports being released this week, the Graph of the Week isthe Employment Net Rising Index from the April 2010 NABE Industry Survey. From the survey:
Profit margins expanded for the third quarter in a row. Twenty-five percent (25%) of survey respondents reported increased profitability versus 11% that reported declines. Three of the four major sectors posted higher margins than in January. Slightly more firms than in the previous quarter (18% vs. 17%) cut prices than raised them. This is a reversal from results in the past two surveys. In addition, fewer firms expect to raise prices in the coming quarter than had expected to do so in the January survey.
NABE members can read the full survey, and download the data, online. There is a summary available to the public.
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