The US industrial firms have turned increasingly optimistic about the economy's growth prospects, the latest survey by the National Association for Business Economics (NABE) showed Monday.
Almost two-thirds of panelists in the April survey forecast that real GDP will grow between 2.1 percent and 3 percent from the fourth quarter of 2011 to the fourth quarter of 2012. The view is consistent with the trend seen in the January survey.
In the current survey, 15 percent of the respondents forecast real GDP growth to exceed 3 percent, compared to 5 percent who held this view in January.
The survey result also suggested greater stability in prices. Nearly all respondents expect that non-labor input prices will remain unchanged or rise by 5 percent or less.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.