12 | Business World Magazine |
March 2014
adjusted, 20 percent of all owners reported
higher sales and 34 percent reported lower
sales (up six points).
Earnings and Wages:
Earnings trends wors-
ened five points, falling to a net negative 27
percent (net percent reporting quarter to
quarter earnings trending higher or lower).
Not seasonally adjusted, 15 percent reported
profits higher quarter to quarter (down one
point), and 43 percent reported profits fall-
ing (down six points).
EXECUTIVE
SUMMARY
