WASHINGTON (MNI) – The following is the text of highlights from the
Business Roundtable’s first quarter 2011 CEO Economic Outlook Survey
published Wednesday:
The CEOs of America’s leading companies anticipate higher sales and
plan to increase capital expenditures and employment over the next six
months, according to the results of Business Roundtable’s first quarter
2011 CEO Economic Outlook Survey.
“With today’s survey results, the last three quarters have shown
steady improvement in the CEO economic outlook. Our CEOs see momentum in
the economy over the next six months, with increased demand fueling
greater investment and job creation,” said Ivan G. Seidenberg, Chairman
of Business Roundtable and Chairman and CEO of Verizon Communications.
“This shift continues a trend as reflected in recent employment data,
with the private sector leading the way in creating more jobs.”
…
In terms of the overall U.S. economy, member CEOs estimate real GDP
will grow by 2.9 percent in 2011, an increase from the 2.5 percent
expected in the fourth quarter of 2010.
…
First Quarter 2011 CEO Economic Outlook Survey Index
The Business Roundtable CEO Economic Outlook Survey Index increased
to 113 in the first quarter of 2011, up from 101 in the fourth quarter
of 2010.
** Market News International Washington Bureau: 202-371-2121 **
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