The outlook for the US economy remains mixed, with signs of easing inflation, slow employment growth, and continued labor shortages. The April 2023 NABE Business Conditions Survey, conducted by the National Association for Business Economics among its members, reveals that while 40% of respondents report that prices charged are rising, a net rising index of zero means that the same amount of firms reported adding and reducing staff over the past three months. For the month of January, 25% of firms had added staff while 10% reduced staff for a net rising index of 15. Additionally, wages remain on the rise, with 63% of respondents reporting increasing wages at their firms over the past three months. Still, 43% of respondents expect wages to rise in the next three months – the smallest share since the October 2020 survey. As the economic situation continues to evolve, the survey reveals that businesses economists have a cautiously optimistic outlook.