ChangeWave's latest corporate quarterly survey shows the improvement first reported last quarter in U.S. economic growth is continuing at a moderate pace – led by a rise in 1st Quarter sales and more new job hires. ChangeWave Research is a service of 451 Research.

The February 22-March 5 survey of 2,769 corporate respondents also shows an uptick in capital spending and a greater availability of credit for U.S. businesses. At the sector level, we're seeing across the board improvement this quarter.

Despite this series of encouraging signs, we're also seeing an uptick in inflationary pressures – with energy costs a major driving factor.

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
• Ability to Purchase Commodities
• Cancelled Orders
• Inventory Buildups and Declines
• Changes in Order Backlogs

The complete Corporate Quarterly Report is available here.