By The Associated Press
MORE SIGNS OF SLOWING: Companies are gloomier than they were three months ago when it comes to sales, profit margins and hiring, according to a survey by the National Association for Business Economics.
ON HIRING: Only 22 percent of the company and trade-group economists surveyed reported rising employment in July, down from about 30 percent in the last three surveys and 42 percent a year ago. Only 9 percent said it was falling, however, with the rest saying head counts were unchanged.
EXPECTATIONS FALLING: Forty percent said the economy will grow 2 percent or less over the next year. In the last survey in April, just 23 percent were calling for such slow growth.
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