ChangeWave's latest corporate quarterly survey shows the renewed momentum that we picked up last quarter in the U.S. economy is continuing – led by an uptick in 1st Quarter corporate sales growth and a significant upswing in the labor market.

But in a major cautionary note, we're picking up the biggest surge in rising prices in the past 10 years of ChangeWave surveys.

The February 22 – March 8 survey of 2,713 corporate respondents also points to an improved 2nd quarter sales pipeline along with a further easing in the U.S. credit crunch.

At the sector level, we're finding continued across-the-board improvement – with one sector the hands down momentum winner this quarter.

Report details include:

• Next Quarter Corporate Sales Pipeline Projections
• Current Quarter Corporate Sales Trends – U.S. Economy
• Overall Capital Budget Increases/Decreases
• Job Market Hiring and Layoff Trends
• Price and Inflationary Pressures in the Current Marketplace
• Impact of the Credit Market on Corporate Ability to Borrow
• Corporate Ability to Purchase Commodities
• Current Quarter Cancelled Orders
• Corporate Inventory Buildups and Declines
• Changes in Order Backlogs

The complete Business Trends Report is available here.