Survey on the Business Outlook: Continued but slowing growth

10/16/2012 | MAPI Survey on the Business Outlook

Donald A. Norman, Ph.D., senior economist
The composite index fell from 61 in June to 56 in September, indicating continued but slowing growth. The individual indexes (with the exception of the Capacity Utilization Index) remain above 50, the dividing line between expansion and contraction, but they all fell in September, further confirming slowing growth. Respondents indicated that they would be negatively impacted if Congress fails to prevent the government from going over the fiscal cliff; out of related concerns, many companies have delayed investment and/or hiring. Economic Outlook

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MAPI Survey on the Business Outlook

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