Gee; you would think that with Democrats and Obama telling us how great the economy is right now, these CEOs would have gotten the memo?
Yes folks, the pretense that things are heading in the right direction is a false narrative promoted by this Administration and the willful idiots in the MSM. But heck, why have a job when you can get FREE healthcare funded by Obamacare, unlimited food stamps and never ending unemployment, which, when it runs out, you can easily go on disability.
There are plenty of others who can afford to pay for it right???
Economic expectations of top U.S. CEOs sink to three-year low
he economic expectations of leading U.S. chief executives have dropped to the lowest level in three years amid concerns about taxes and the global economy, according to survey results released Tuesday.
Reduced expectations for sales and capital spending over the next six months pushed down the quarterly economic outlook index from the Business Roundtable, a trade association of CEOs of the largest U.S. corporations.
It was the third straight decline for the index, which fell to 67.5 in the fourth quarter from 74.1 in the previous quarter, the group said.
The index’s long-term average is 80.1 within its range of 150 to negative 50. It dropped to negative 0.5 at its low during the Great Recession and has reached as high as 113 during the recovery.
"Lower expectations for sales and investment reflect CEOs' ongoing caution about the near-term prospects for U.S. economic growth," said AT&T Inc. Chief Executive Randall Stephenson, the group's chairman.
http://www.latimes.com/business/la-fi-ceos-economy-business-roundtable-20151201-story.html
Yes folks, the pretense that things are heading in the right direction is a false narrative promoted by this Administration and the willful idiots in the MSM. But heck, why have a job when you can get FREE healthcare funded by Obamacare, unlimited food stamps and never ending unemployment, which, when it runs out, you can easily go on disability.
There are plenty of others who can afford to pay for it right???
Economic expectations of top U.S. CEOs sink to three-year low
he economic expectations of leading U.S. chief executives have dropped to the lowest level in three years amid concerns about taxes and the global economy, according to survey results released Tuesday.
Reduced expectations for sales and capital spending over the next six months pushed down the quarterly economic outlook index from the Business Roundtable, a trade association of CEOs of the largest U.S. corporations.
It was the third straight decline for the index, which fell to 67.5 in the fourth quarter from 74.1 in the previous quarter, the group said.
The index’s long-term average is 80.1 within its range of 150 to negative 50. It dropped to negative 0.5 at its low during the Great Recession and has reached as high as 113 during the recovery.
"Lower expectations for sales and investment reflect CEOs' ongoing caution about the near-term prospects for U.S. economic growth," said AT&T Inc. Chief Executive Randall Stephenson, the group's chairman.
http://www.latimes.com/business/la-fi-ceos-economy-business-roundtable-20151201-story.html
