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Tuesday, March 8, 2011

Today's Data 2011-03-08 (great data)

Some 16% of employers are expected to increase their staff sizes in the second quarter of 2011, according to a survey of 18,000 employers by temporary-staffing company  Manpower MAN. This is up from 6% from last year. All 50 states, Puerto Rico and the District of Columbia reported a positive outlook. Although all sectors expect growth, the mining and leisure and hospitality sectors showed the most optimism.

Sales in chain stores rose 2.6% last week from the year-earlier period, according to a survey by the International Council of Shopping Centers and  Goldman Sachs GS. Sales climbed 2.3% from the previous week. This overall jump comes from an increases in employment and consumer income. The ICSC predicts March sales will be flat to up to 2%. Because Easter falls three weeks later that usual, in late April, there will be a slowdown on year-over-year March sales, despite improvements in the labor market and the economy and the reduction of payroll taxes.

The small-business index increased by 0.4 points in February to 94.5 thanks to gains in hiring and future plans to hire, according to a survey by the National Federation of Independent Business. Although this does not signify a strongly rebounding economy, according to NFIB's chief economist, this is the third best reading since the fourth quarter of 2009. Only net 9% of small-business owners in the survey expected business conditions to improve during the next six months. 


(data looks very strong. Especially on job market. )


Let's enjoy the ride. let's go up more. 

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