Posts Tagged ‘ceos

11
Apr
11

‘in a survey of bosses, good news for job seekers’

NYT: American companies say they plan to hire. If they do as they say, the unemployment picture will brighten considerably.

In a quarterly survey of chief executives, the Business Roundtable found that 52 percent of companies planned to hire workers in the United States over the next six months, while just 11 percent said they expected to reduce employment.

Never before have so many chief executives said they planned to hire, or so few said they planned to cut payrolls. The survey has been taken every three months since late 2002.

The Business Roundtable includes chief executives of 200 major American companies. If most of them did add workers, that would almost certainly have a substantial effect on employment in the country. Two other broader surveys of companies are taken each month by the Institute for Supply Management. Its survey of manufacturers has been showing more companies planning to increase employment than reduce it since the fall of 2009, and indeed manufacturing employment rose in 2010 for the first full year since 1997, according to the Labor Department.

….In response to another question, 92 percent of the chief executives said they expected increases in sales for their companies, while none said they expected a decline. It was the first time that none of the executives thought sales would decline.

Full article here

30
Mar
11

‘optimism among u.s. chief executives tops pre-slump high’

Bloomberg: Optimism among U.S. chief executive officers surpassed the highest level reached before the recession as more business leaders projected increased sales, investment and hiring, a survey showed.

The Business Roundtable’s economic outlook index increased to 113 in the first quarter, the highest point since records began in 2002 … Readings greater than 50 coincide with an economic expansion. The previous peak was 104 in the first three months of 2005.

“Companies have given strong signals about their willingness to expand,” said Ivan Seidenberg, chairman of the Business Roundtable. “As we keep a steady flow of capital investment, we’ll certainly see sales forecasts go up, and as we do that we’ll start to see hiring.”

None of the 142 CEOs surveyed said they expected a decline in sales in the next six months, and 92 percent projected an increase, paving the way for more hiring and investment in equipment. A gain in capital spending plans points to further strength in manufacturing, the industry that’s propelled the economic expansion.

…Fifty-two percent of CEOs said they will add to payrolls, up from 45 percent in the fourth quarter and the largest share on record. Some 62 percent said they plan to spend more on equipment, up from 59 percent.

The business leaders’ forecast supports March employment data. Companies in the U.S. added 201,000 workers this month after a revised 208,000 gain in February…




@POTUS

@BarackObama

@WhiteHouse

@FLOTUS

@MichelleObama

@PeteSouza

Enter your email address to receive notifications of new posts by email.

@TheObamaDiary

@NerdyWonka

RSS Obama White House.gov

  • An error has occurred; the feed is probably down. Try again later.

RSS WH Tumblr

  • An error has occurred; the feed is probably down. Try again later.

RSS Steve Benen

  • Law enforcement on high alert ahead of D.C. rally
  • Why Americans are leaving their jobs in record numbers
  • New book examines the lasting legacy of Colin Kaepernick
  • 'It is a call to action': Friday is National Black Voter Day
  • GOP House member who voted to impeach Trump won't seek re-election

Categories

Archives

Blog Stats

  • 43,099,589 hits
September 2021
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930