WASHINGTON (MNI) – The following is the text of highlights from the
Business Roundtable’s second quarter 2010 CEO Economic Outlook Survey
published Wednesday:
The CEOs of America’s leading companies anticipate increased sales
and employment in the next six months and expect capital spending to
remain even, according to the results of Business Roundtable’s second
quarter 2010 CEO Economic Outlook Survey.
“Our member CEOs plan to continue hiring and expect improved
sales,” said Ivan G. Seidenberg, Chairman of Business Roundtable and
Chairman and CEO of Verizon Communications. “That said, our CEOs are
demonstrating some caution in the area of capital expenditures, with
fewer planning to increase spending and more keeping it level.”
—
In particular, the CEOs anticipate capital spending to level over
the next six months.
In terms of the overall U.S. economy, member CEOs estimate real GDP
will grow by 2.7 percent in 2010.
Second Quarter 2010 CEO Economic Outlook Survey Index:
The Business Roundtable CEO Economic Outlook Survey Index expanded
to 94.6 in the second quarter of 2010, up from 88.9 in the first quarter
of 2010.
** Market News International Washington Bureau: 202-371-2121 **
[TOPICS: M$U$$$,MAUDS$]
