NEW YORK (AP) A business survey suggests the pace of U.S. economic growth is slowing, but the economy did continue to grow during the second quarter of this year.
The National Association for Business Economics survey found that more businesses are hiring and fewer are cutting jobs.READ MORE: Health Experts Warn COVID Rapid Tests Are Less Reliable Than PCR
The survey found 31 percent of businesses added workers between April and June, the highest level in three years. And 39 percent of those surveyed say they expect to hire more workers over the next six months _ the most since January 2008.READ MORE: Splash Brothers Shoot Warriors Past Timberwolves 124-115
Manufacturers did best while the finance, insurance and real estate sectors saw the slowest growth.MORE NEWS: Woman Found Dead During Visit With Friends at Home in Rohnert Park
The number of those surveyed who think real gross domestic product will expand by more than 3 percent this year slid to 20 percent. But 67 percent of respondents still believe 2010 growth will be more than 2 percent.