Business Economists More Optimistic

Washington, DC, July 29, 2013 -- Business economists said their optimism had increased in the second quarter despite slowing sales.

In the quarterly survey conducted by the National Association for Business Economics, 29% of respondents said that payrolls were higher in the second quarter compared to the first.

That's the highest percentage since the fourth quarter of 2011.

Last quarter 22% said payrolls were higher than the previous quarter.

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