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Summary Box: Survey says recovery continues, slows

Source : AP
Last Updated: Mon, Jul 19, 2010 06:30 hrs

: The U.S. recovery continued during the second quarter but the pace of growth slowed, a new survey by The National Association for Business Economics shows.

JOBS, JOBS, JOBS: Thirty-one percent of businesses surveyed added workers between April and June, the highest level in three years. And 39 percent expect to hire over the next six months — the most since January 2008.

WHAT'S AHEAD: Manufacturers are doing most of the hiring, while the services sector may still cut payroll. More businesses will loosen the pursestrings to upgrade workers' PCs. About a third of businesses feel Europe's credit woes and the stronger dollar will hurt growth.




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