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December 01, 2003
More good economic reports
The NFIB has two more good economic reports:
1. The economy in the third quarter rocked! What was most encouraging was that is was a more balanced report. Consumer spending was up, but so was capital spending and expenditures on software.
2. The Federal Reserve issued a report that showed strengthening in employment and in manufacturing. These are two indicators that had been lagging up until now. The National Association for Business Economics also reports stronger employment.
My prediction for 2004: Entrepreneurs will begin to report workforce shortages in several categories.
Posted December 1, 2003 07:15 PM
at Belmont University in Nashville, Tennessee. He consults with a variety of businesses on start-up and growth related issues, and with larger corporations on re-establishing entrepreneurial cultures within their organizations. Dr. Cornwall's current research interests include entrepreneurial finance and entrepreneurial ethics. He has authored or co-authored four books.
