Despite a relatively uncertain economic cycle, the leadersof
The outlook index of the 2007CEO Economic Outlook Survey, which indicates how CEOs believe the economywill perform in the six months ahead, improved moderately, rising more than twopoints to 79.5 from last quarter’s 77.4.
In response to the annual question on cost pressures facingtheir businesses, a majority of CEOs cited energy and healthcare expenditures,equally, as their greatest fiscal pressures.
“These latest resultsdemonstrate tampered CEO confidence with a slight rebounding of expectationssince last quarter.” –Harold McGraw III, Business Roundtable
Among other highlights, the survey’s key findings include:
- 70percent of CEOs said they expect their companies’ sales to increase.
- 51 percent expect their companies’
- 45 percent feel that employment attheir companies will remain steady.
“This quarter’s survey suggests that CEOs, as a whole, stillsee the economy as steady and that the vast majority expect their sales,capital spending and employment levels to either increase or remain steady inthe first half of 2008,” said Harold McGraw III, Business Roundtable chairman, and chairman and CEO of McGraw-Hill, in a statement. “These latest resultsdemonstrate tampered CEO confidence with a slight rebounding of expectationssince last quarter.”