The National Association of Business Economics (NABE) claims things are looking up. More people are working and spending. The survey of 72 business economists and policymakers was conducted March 16-31, 2011. The gross domestic product is expected to grow more than two percent this year. Employment prospects are increasing. The NABE respondents are forecasting more employee increases than decreases. Despite the rosy forecast, some companies are struggling to survive. Other companies have strategically used the downturn to effectively reduce their payroll expense. Still others are beginning to feel the negative effects of across the board wage reductions and furloughs. Most […]