![]() ![]() A very negative outlook for the second half. The net percent of owners expecting higher real sales volumes improved seven points to a net negative 14 percent. Overall, business investment is weak.Ī net negative 10 percent of all owners (seasonally adjusted) reported higher nominal sales in the past three months, down two points from May. Twenty-five percent of owners plan capital outlays in the next few months. Eight percent spent money on new fixtures and furniture and 6 percent acquired new buildings or land for expansion. Of those making expenditures, 37 percent reported spending on new equipment, 21 percent acquired vehicles, and 14 percent improved or expanded facilities. Of those hiring or trying to hire, 92 percent reported few or no qualified applicants for the positions they were trying to fill.įifty-three percent of owners reported capital outlays in the last six months, down four points from May. ![]()
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