This post was contributed by a community member. The views expressed here are the author's own.

Health & Fitness

NABE survey looking strong

S.R. Schill & Associates, Neighbor

National Association of Business Economist July survey results indicate improving sales outlook, steady employment outlook, and strong Q3 outlook.

What’s the point? Strength of the July NABE survey is good leading indicator for business and earnings looking into the third quarter. It supports our view that the pace of economic growth should accelerate in 2H-14, and along with that, corporate earnings. This is also another factor that should support higher stock prices, although we remain concerned about market sentiment and certain technical indicators that we believe have increased the risk of a market correction. We remain positive on the longer-term outlook for stocks. Link: http://money.msn.com/business-news/article.aspx?feed=AP&date=20140721&id=17789487

 

Find out what's happening in Sammamish-Issaquahwith free, real-time updates from Patch.

We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?

More from Sammamish-Issaquah