Tuesday, June 5, 2007

CEOs more cautious in economic view

(Reuters) - Their forecast of U.S. gross domestic product growth this year also declined. The CEOs now expect 2.6 percent GDP growth, compared with a forecast of 2.9 percent in March.




The majority of CEOs polled -- 66 percent -- expected their companies' sales to rise over the next six months. Forty-two percent said they expected to increase their U.S. staffing over the next six months, and 34 percent said they expected to raise their capital spending over that period.


Read more at Reuters.com Business News

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