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Survey: CEOs more cautious about sales, hiring

Survey: CEOs more cautious about sales, hiring

America's CEOs aren't quite as optimistic about sales growth now as they were in June, suggesting that some are putting earlier plans to hire more workers on hold.
The Business Roundtable, an association of CEOs of big U.S. companies, said Tuesday two-thirds of the chief executives it surveyed this month expected sales to grow. That is down from 79 percent who said they expected sales growth in June.
The September survey also showed only 31 percent of CEOs expect to boost their payrolls in the next six months. That is down from 39 percent who said in a June survey that they expected a bigger work force. The June percentage had been the highest level since mid-2007.
Evidence this summer that growth is slowing in the U.S. has put a damper on the recovery in the jobs market, and some companies are still laying off employees.
Nearly half of the CEOs in the latest survey think capital spending will increase.


Updated : 2021-10-17 13:59 GMT+08:00