The April 2011 NABE Industry Survey report presents the responses of 72 NABE members to a survey conducted between March 16, 2011, and March 31, 2011, on business conditions in their firm or industry and reflects first-quarter 2011 results and the near-term outlook.
“NABE’s April 2011 Industry Survey makes clear that despite geopolitical concerns, higher oil prices, and uncertainties created by the disasters in Japan, the economy continues to recover,” said Shawn DuBravac, Consumer Electronics Association.”Job creation in the quarter, as well as the outlook for the next six months as measured by the number of firms increasing headcount, is stronger than we’ve seen in the entire survey history dating back to 1982. Supporting this growth, both recent results and the outlook for sales and profit margins continue to improve. Companies appear to be positioning themselves for a firming economic environment by increasing capital expenditures. At the same time, risks remain present. NABE survey respondents view the Japanese disasters as a net negative. The survey findings reflect early signs of inflationary pressure as more firms raised prices last quarter and also expect to raise them in the coming quarter.”
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