Recent Updates
- Iceland: Bankruptcies by Industry (Sep), Turnover According to VAT Returns (Jul-Aug)
- Ireland: Bank Lending Survey (Q4)
- Estonia: Bank Lending Survey (Q3)
- UK: Annual Survey of Hours and Earnings [ASHE] (2021)
- more updates...
Economy in Brief
Texas Manufacturing Growth & Outlook Rebound in October
The Texas Manufacturing Outlook Survey, conducted by the Federal Reserve Bank of Dallas...
IFO Backs Off as Bundesbank Blames Bottlenecks for German Eco-angst
The German IFO gauge stepped back in October as the all-sector climate reading fell to 12.9...
FIBER: Industrial Commodity Prices Continue to Strengthen
The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) rose 6.4% during the four weeks ended October 22...
PMI Rebound Runs Out of Steam in October... Especially for Services
However, the longer view is clearly that an improving trend has been in place...
U.S. Index of Leading Economic Indicators Softened in September
The Conference Board's Composite Index of Leading Economic Indicators increased 0.2% m/m (9.3% y/y)...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
by Tom Moeller December 14, 2004
The Manpower Employment Outlook Survey indicated continued improvement in U.S. hiring intentions in 1Q05. A seasonally adjusted net 21% of 16,000 employers expect to increase hiring activity and that was the highest level in four years.
Not seasonally adjusted, 24% of employers planned to raise employment versus 20% in 1Q04 while 10% planned to decrease the number of jobs versus 13% a year ago.
Since 1980 there has been a 74% correlation between the Manpower index and the y/y change in non-farm payrolls.
The latest press release from Manpower Inc. covering global employment prospects can be viewed here.
| Manpower Employment Survey | 1Q '05 | 4Q '04 | 1Q '04 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|
| All Industries - Net Higher (SA) | 21 | 20 | 14 | 19 | 11 | 11 |
