Fewer CEOs planning to hire

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Wednesday, September 26, 2012

A survey of U.S. CEOs shows a large drop in the number of companies planning to add jobs or hire workers.

The Business Roundtable says that only 29 percent of its member CEOs plan to increase hiring over the next six months. That's down from 36 percent in June, when the group last released its quarterly survey.

CEOs are more pessimistic about their future sales and the overall U.S. economy. While 58 percent expect their sales to increase over the next six months, that's down from 75 percent in the June report.

Read more at KGW.

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