CEOs Confident on Hiring, Sales Growth, Business Roundtable Reports
06/23/2010
Nearly 80 percent of surveyed executives expected sales to grow during the second half, the largest percentage since the second quarter of 2006.
Despite the optimism, Business Roundtable Chairman and Verizon Communications CEO Ivan Seidenberg said executives were still cautious due to global economic turmoil and the projected addition of new taxes and regulations.
Executives were particularly cautious about capital spending. Half said they would not change their current spending levels.
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