US Business Confidence at a 20 Year High

iVillage Member
Registered: 04-05-2004
US Business Confidence at a 20 Year High
2
Mon, 04-05-2004 - 11:03pm
This story from Financial Times is pretty uplifting.

http://news.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1079420166252&p=1012571727085

Confidence among US business leaders is stronger than it has been for 20 years, according to a long-running measure of boardroom attitudes, as rising profits finally encourage companies to start hiring.



The quarterly survey by the Conference Board confirms last week's official employment data suggesting concerns about a jobless recovery may be waning.

In recent quarters, companies have been wary of hiring staff, preferring to make greater use of existing capacity, but continued growth and record profitability appears to be convincing managers that productivity improvements alone may not be enough to meet rising demand.

Half the chief executives who responded to the Conference Board's lastest poll said they expected employment in their industry to rise, compared with just 12 per cent who predicted a fall - the most optimistic response on jobs since the research group began its analysis in 1976.

(For the rest of the story click the link above)

iVillage Member
Registered: 03-18-2000
Tue, 04-06-2004 - 4:56pm

>"according to a long-running measure of boardroom attitudes"<


What exactly does that mean?

 


Photobucket&nbs

iVillage Member
Registered: 04-05-2004
Tue, 04-06-2004 - 7:17pm
Read the article. It was a poll.

Now...TURN YOUR SPEAKERS UP!!

http://members.cox.net/macallan_the/GW/GWBush1_Start.htm