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Inflation Slowdown Boosts US Businesses

Inflation Slowdown Boosts US Businesses

The slowdown https://digitalmarketingtips.info/ in inflation is giving US businesses a boost, according to a new survey from the National Association for Business Economics (NABE). The survey, released Monday, found that a majority of businesses reported rising sales and profits in the second quarter of 2023.

The NABE survey is a closely watched indicator of business sentiment, and its findings suggest that the US economy is on track to avoid a recession. The survey found that the percentage of businesses reporting rising sales rose to 33% in the second quarter from 30% in the first quarter. The percentage of businesses reporting rising profits also rose, to 25% from 20%.

The NABE survey also found that businesses are becoming more optimistic about the future. The percentage of businesses expecting sales to increase in the next six months rose to 41% from 35%, and the percentage of businesses expecting profits to increase rose to 35% from 28%.

The slowdown https://7continentsmedia.com/ in inflation is a major factor behind the improving business sentiment. Inflation has been a major concern for businesses in recent months, as it has eaten into their profits and made it more difficult for them to pass on higher costs to consumers. However, inflation has been moderating in recent months, and the NABE survey suggests that businesses are starting to take notice.

The slowdown in inflation is also giving the Federal Reserve more room to maneuver. The Fed is currently in the process of raising interest rates in an effort to combat inflation. However, the Fed has been cautious about raising rates too quickly, as it does not want to risk tipping the economy into a recession. The slowdown in inflation gives the Fed more flexibility to raise rates without having to worry as much about causing a recession.

Overall, the NABE survey suggests that the US economy is on track to avoid a recession. The slowdown in inflation is giving businesses a boost, and the Fed has more room to maneuver as it raises interest rates.

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