Despite the sky-is-falling attitude from the far right, America’s top CEOs remain optimistic about the economy.
A substantial majority of the top executives of America’s largest companies expect higher sales in the second half of the year. And, most of the CEOs’ companies plan to increase capital expenditures and hire more workers in the next six months.
Don’t take my word for it, check out the Business Roundtable’s second quarter 2011 CEO Economic Outlook Survey that was released today.
The struggling ecomomy has generated a lot of buzz lately about a return to the gold standard.
Utah a few weeks ago passed a law that makes gold and silver coins minted by the U.S. government legal currency. The gold standard is a favorite Tea Party issue and some of the Republican presidential candidates are talking it.
Until the 1970s the dollar was tied to gold. Will restoring the greenback’s connection to the yellow metal magically fix the economy?
The Dow tumbled nearly 300 points Wednesday. Jobs numbers are disappointing. The dollar is weak. If you believe some of the talking heads on TV, the next great financial crisis is just around the corner.
More than 60 percent of the chief financial officers of Southeast companies are optimistic about the U.S. economy, but inflation is a growing concern, according to a new survey released today by the U.S. member firm of Grant Thornton International Ltd., global audit, tax and advisory organization.
Sixty-one percent of the CFOs from the Southeast (Alabama, District of Columbia, Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia ) believe the economy will improve in the next six months.
That’s almost double the percentage of optimistic CFOs (31 percent) in the previous survey six months ago.