Strategic Sourcing Business Intelligence
By Staff -- Purchasing, 9/11/2008
41.9August business conditions index
Source: www.purchasingdata.com
WHAT IT MEANS: Despite signs to the contrary, buyers in Purchasingdata.com's survey said business conditions were at an all-time low thanks to low demand and high commodity prices.
WHAT IT MEANS: The commodity price index finally ticks down but at 87.9 remains extremely high.
62%CPAs that were pessimistic about the U.S. economy
Source: AICPA-UNC Business and Industry Economic Outlook Survey
WHAT IT MEANS: Mark Lang at UNC says: "The fact that firms continue to reduce planned growth in capital investment, staff development and employment suggests the slowdown could have longer-term implications."
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