Chief Executive Officers Plan to Boost Hiring, Spending in U.S.
This article is for subscribers only.
Chief executive officers plan to increase capital spending and hiring over the next six months as they turned more optimistic about the U.S. economy, a survey showed.
The Business Roundtable’s economic outlook index increased to 96.9 in the first quarter from 77.9 in the previous three months, the Washington-based trade group reported today. Readings greater than 50 are consistent with economic expansion, and this quarter’s measure is the highest since April-June 2011.