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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSurvey: CEO Confidence In Economy Drops Dramatically
By Erik Wasson - 07/05/12 10:22 AM ET
The confidence of the nations business leaders in the future of the economy has dropped dramatically, according to a new survey by the Conference Board.
More CEOs surveyed view the economy negatively than positively. Only 17 percent viewed the economy positively in the second quarter of 2012, compared to 67 percent in the first quarter.
Only 20 percent expect an improvement in six months, down from 59 percent.
The survey polls 800 CEOs whose companies are members of the Conference Board. Typically, 80 to 100 CEOs respond, the group says. The results from the new survey are from May and June.
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http://thehill.com/blogs/on-the-money/economy/236269-ceo-confidence-in-economy-drops-dramatically-survey
JHB
(37,163 posts)Give your employees raises. Do that "trickling down" thing.
Not sayin' you have to put yourselves in the poor house, just get richer a little slower and let the rest of us circulate a little more of the money we made for you.
tularetom
(23,664 posts)To them, "the economy" means, "how much money can I stash overseas and not have to pay taxes on it".
And of course in the event Obama is elected, they're scared the gravy train may be derailed.
So naturally they are losing confidence in "the economy".
siligut
(12,272 posts)Just more of the reTHUGs stalling the economy to hurt Obama. But I think it also helps their goal of breaking the middle class, they just aren't making as much money off of us as they would if a reTHUG was in office.