In terms of the overall U.S. economy, member CEOs estimate real GDP will grow by 2.9% in 2011, an increase from the 2.5% expected in the fourth quarter.
According to the survey, 92% of CEOs expect their companies’ sales to increase in the next six months, a 12% increase from the fourth quarter of 2010. Meanwhile, 62% expect their companies’ capital spending to increase, compared to 59% in the fourth quarter, while 52% expect their companies to hire more workers, up from 45% last quarter.
The survey was completed between Feb. 28 and March 18 and responses were received from 142 member CEOs.
According to the survey, 92% of CEOs expect their companies’ sales to increase in the next six months, a 12% increase from the fourth quarter of 2010. Meanwhile, 62% expect their companies’ capital spending to increase, compared to 59% in the fourth quarter, while 52% expect their companies to hire more workers, up from 45% last quarter.
The survey was completed between Feb. 28 and March 18 and responses were received from 142 member CEOs.
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