Economic Development Futures Journal

Tuesday, August 01, 2006

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CEOs Say Things Slowing

America's leading CEOs see continued strength in the economy throughout the next six months, with the U.S. economy moving from a vigorous first quarter to a more sustainable, long-term growth trend, according to a survey conducted by the Washington, D.C.- based Business Roundtable.

The Roundtable is an association of CEOs of corporations with a combined work force of more than 10 million people and $4.5 trillion in annual revenues. As a result of its second-quarter survey findings, the organization lowered its economic outlook index slightly, to. 98.6 from a first-quarter level of 102.2.

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