Financial Markets

With the media incessantly running “doom and gloom” stories to attract/keep their audience, the perspective of US captains of industry is more balanced as the BusinessRound Table Survey reveals: 

PRESS RELEASES

Release Date: 4.10.08

Contact: Kirk Monroe (202) 496-3269

BUSINESS ROUNDTABLE RELEASES FIRST QUARTER 2008 CEO ECONOMIC OUTLOOK SURVEY

The press announcement says :

“Despite the current downturn in the U.S., this quarter’s results suggest that member CEOs have a steady outlook for their businesses over the next six months, with expectations for sales, capital expenditures and employment all remaining virtually unchanged,” said Harold McGraw III, chairman of Business Roundtable and chairman, president and CEO of The McGraw-Hill Companies. “The CEOs surveyed preside over our country’s largest companies, all of which are actively engaged in the international economy. Today, more than ever, these companies’ outlooks are bolstered by the strong demand for U.S. goods and services from around the world. Additionally, the Fed’s recent actions to inject more liquidity into the system are expected to have a positive impact in the months ahead.”