Slow Motion

According to the monthly survey by ChiefExecutive.net, CEOs confidence in the economy is on a seven-month downward slide. A majority of those polled thought overall business conditions over the next year would be just below average, on a ten-point scale. Nearly 25% of CEOs responded that they expect their profits to drop and their capital expenditures to decrease as well.
Even so — most CEOs polled also are not expecting a serious downturn in conditions. From where they sit, it looks like another year of slow motion.

http://chiefexecutive.net/nearly-25-of-ceos-expect-drop-in-profits-and-cap-ex-this-year

 

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