Source: blogs.wsj.com - Tuesday, December 02, 2014
One bright spot in the Business Roundtable’s CEO Economic Outlook: Executives boosted their forecast for hiring. Getty Images Business leaders have dimmed their outlook on the U.S. economy, saying uncertainty over tax and trade policy could fester throughout next year and discourage company spending, the lobbying group Business Roundtable reported Tuesday. A measure of the economic outlook among chief executive officers slipped to 85.1 in the current quarter from 86.4 in the third quarter, the Business Roundtable said. The survey of 129 CEOs reflects expectations for the next six months of sales, capital spending and employment. Lowered expectations of business investment drove the index’s overall decline. CEOs also downgraded their outlook on sales, though they boosted expectations of hiring. Tuesday’s survey showed most CEOs—74%–still expect their company’s sales to climb over the next six months. But 9% forecast a decline, up from 7% who said so in the third quarter. Just over a third—36%–expected to increase capital spending over the next six months while 13% planned a decrease and 50% saw no change. Four in 10 CEOs expected to boost hiring while 36% saw no change in employment and 23% forecast a decline in employment. Companies are icing investment plans until they get a better sense of what their tax bills will be over the long term, said AT&T Inc. CEO and chairman Randall Stephenson , the Business Roundtable’s chairman. Co
from Top News on RSS Feeds http://ift.tt/1B9EpcC
One bright spot in the Business Roundtable’s CEO Economic Outlook: Executives boosted their forecast for hiring. Getty Images Business leaders have dimmed their outlook on the U.S. economy, saying uncertainty over tax and trade policy could fester throughout next year and discourage company spending, the lobbying group Business Roundtable reported Tuesday. A measure of the economic outlook among chief executive officers slipped to 85.1 in the current quarter from 86.4 in the third quarter, the Business Roundtable said. The survey of 129 CEOs reflects expectations for the next six months of sales, capital spending and employment. Lowered expectations of business investment drove the index’s overall decline. CEOs also downgraded their outlook on sales, though they boosted expectations of hiring. Tuesday’s survey showed most CEOs—74%–still expect their company’s sales to climb over the next six months. But 9% forecast a decline, up from 7% who said so in the third quarter. Just over a third—36%–expected to increase capital spending over the next six months while 13% planned a decrease and 50% saw no change. Four in 10 CEOs expected to boost hiring while 36% saw no change in employment and 23% forecast a decline in employment. Companies are icing investment plans until they get a better sense of what their tax bills will be over the long term, said AT&T Inc. CEO and chairman Randall Stephenson , the Business Roundtable’s chairman. Cofrom Top News on RSS Feeds http://ift.tt/1B9EpcC
Aucun commentaire:
Enregistrer un commentaire