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Economy Still on Solid Ground

National Association for Business Economics (01/26/15)

Two-thirds of respondents to a survey of 93 members of the National Association for Business Economics and selected other industry economists expect gross domestic product growth to average between 2% and 3% going forward, with 93% expecting GDP growth in the fourth quarter of 2015 to be greater than 2%.

Thirty-four percent of survey respondents indicated that employment has increased at their firms. This is similar to the share of respondents who reported rising employment in the previous two surveys. Expectations for hiring in the first quarter of 2015 are stronger than those observations for the final quarter of 2014.

The survey asked panelists if their firms had difficulties filling open positions over the last three months of 2014. Of the 79 responses received, 63% indicated there was no difficulty filling open positions, although 57% of respondents from the goods-producing sector experienced difficulty filling open positions during the last quarter of the year, up from 45% in the previous quarter.

Participate in the ASA Quarterly Staffing Employment and Sales Survey

The association’s quarterly Staffing Employment and Sales Survey for the fourth quarter of 2014 is now open. Staffing firms that complete the brief survey will receive an exclusive report on the results—now enhanced with graphs and an executive summary. The report also includes representations of sector-level data.

The data collected by this survey enable ASA to track staffing sales and gross margin trends. Participate in the Staffing Employment and Sales Survey by Feb. 25 to get the staffing industry information you’re looking for.

Register to take the survey, or view the questionnaire, at americanstaffing.net. The survey is sponsored by ASA research partner CareerBuilder, and there are no fees to participate.