Tuesday, December 08, 2009

STOCK MARKET DISAGREES

Survey: Few CEOs plan to hire in next 6 months

The CEOs of America's largest companies do not expect employment to significantly improve in the next six months. The CEOs expect the overall U.S. economy to grow by 1.9 percent in 2010. That would mark a slowdown from the 2.8 percent pace in the third quarter of 2009. In more positive news, the number of CEOs expecting to increase capital spending nearly doubled, to 40 from 21 percent. The number expecting sales to increase grew to 68 from 51 percent....

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