You Optimistic? They're Not (Sort of)
Kevin Salwen on Business
A new survey by accounting firm Grant Thornton offers us some surprising pessimism from business leaders -- but a ray of hope, as well. The company's Business Optimism Index fell in the latest semi-annual survey to its lowest level since Grant Thornton launched it in May 2002.
The index asks business leaders to look out six months on the growth of their businesses, their hiring expectations and an overall economic forecast. They were pessimistic about the U.S. economy, with 46% expecting improvement (compared with 68% a year ago).
When it comes to business growth, however, CEOs' outlook is a bit brighter, with 88% saying they were 'optimistic' about their businesses' growth in the next half-year. In fact, 33% call themselves 'very optimistic.'
And on the hiring front, 51% plan to hire more employees in the next six months while the number who say they will decrease headcount has increased from 8% six months ago to 10% today.
So, I guess they're optimistic about themselves and not about others. Hmmm.