Tag Archives: Ivan G. Seidenberg

Big Business finally decides to hire not hoard

Corporate America has decided it’s time to invest in the future and quit hoarding profits.

Many of the top companies in the country plan to increase capital spending and create jobs in the coming months, according to the most recent Business Roundtable’s First Quarter CEO Economic Outlook Survey.

Roundtable CEOs expect the gross domestic product to grow 2.9 percent this year, up from the 2.5 percent expected in the fourth quarter last year, the business group said in a statement released Wednesday.

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