Execs feel good about economy

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREPettersson scores another winner, Canucks beat KingsIn the survey, 87 percent of CEOs said they expected their sales to hold steady or increase during the next six months. That’s down only slightly from 88 percent in the previous survey in September. On the hiring front, 78 percent said they expected to hold payrolls at current levels or boost them. That’s up a bit from 74percent in the earlier survey. Meanwhile, 86 percent said they would hold capital investment steady or increase it. That compared with 85percent in the previous survey. One of the reasons behind executives’ good outlook is that they expect overseas demand for their products and services to remain strong, said the group’s chairman, Harold McGraw III, president and CEO of The McGraw-Hill Companies. Another reason: executives are not seeing a retrenchment by U.S. consumers, McGraw said. Still, consumer behavior is being watched closely, he said, because it shapes overall economic activity in the U.S. Health care and energy topped executives’ concerns about costs. “For the last four consecutive years, health-care costs, which impact virtually all Roundtable companies, have been cited as the top pressure. But now, with oil approaching $100 a barrel, energy costs have risen to the top concern in CEOs’ minds,” McGraw said. For all of next year, the executives said they expect the economy to grow by 2.1 percent, which would mark slower growth than forecast for this year. The White House and the Federal Reserve have lowered their forecasts for economic growth next year because of fallout from the housing and credit markets. The housing slump is expected to drag on well into 2008. To prevent these problems from pushing the economy into a recession, the Federal Reserve has sliced a key interest rate twice this year. Fed Chairman Ben Bernanke hinted last week that another rate reduction could come when the central bank meets next Tuesday. The Fed’s key rate, now at 4.50percent, could be lowered by at least one-quarter percentage point, some analysts said.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! WASHINGTON – The country’s top corporate executives foresee pretty good business prospects even as the economy gets squeezed by a housing collapse, a credit crunch, Wall Street turmoil and high energy prices. A survey by the Business Roundtable, released Tuesday, showed that most executives expect sales, capital investment and hiring to remain at current levels or even improve in the coming months. While the economy’s problems have caused consumer confidence to tank, the survey’s results suggest that corporate executives’ assessment is that the business climate remains generally healthy despite all the strains. The economy, which logged its fastest growth in four years during the third quarter, is expected to slow to a pace of just 1.5percent or less in the October through December period. last_img read more

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first_imgClub Notes – Naomh Adhamhnáin – 30.04.12The Seniors and Reserves both recorded good wins over Dungloe in the Park on Sunday. They will travel to take on Four Masters this week on Saturday evening, the games throw-in at 6pm and 7:30pm. The Juniors travel to MacCumhaills also on Saturday evening at 7:30pm.The Minors had a good win in Cloughaneely on Friday, winning by 1-13 to 1-05. They travel to Malin this Friday with a 7:30pm throw-in.The Senior Ladies had a good win over County champions Glenfin on Saturday in the league, winning by 2-07 to 2-06.Well done to the U-14 Boys team that won the Co. Féile for the 3rd year in a row in a close fought game with Aodh Rua, Ballyshannon with our boys winning by a single point. The girls were not so lucky, losing their Final to  a well drilled Naomh Conaill outfit. The U-12 Girls Football training has restarted every Wednesday at 5pm in the Park.The Minor Hurlers played away to Buncrana last Thursday and despite an excellent display of hurling were eventually outgunned. They play their final league game at home to Burt this Thursday. The U14 Hurlers also play away to Burt this week. U16 and U18 Hurling training is on every Monday at 5:30pm in O’Donnell Park. U12 Hurling training Tuesday at 5:30pm, U14 Hurlers train at 4:30. As usual all new hurlers welcome.Our Friday evening Hurling & Camogie Academy is back up and running as is the Sunday Morning Football Academy. Both  Academies cater from kids from U-6 up to U-10 with almost 140 children in attendance last Sunday morning. St. Eunan’s would like to thank Cllr. Tadhg Culbert for his very generous donation to our Minor Board.Well done to the 8 St Eunan’s girls who played on Saturday at the Ulster Feile blitz with the U-14 South Donegal team. The girls won 3 games beating Carndonagh, Burt and Na Maigha and drawing with Eoghan Rua (Coleraine). They now play Eoghan Rua again on Wednesday night in Derry to earn their place in the Ulster final on Saturday. Best of luck in their efforts.Our Lotto +1 campaign for April is drawing to a close shortly,have you signed up to support your club? Contact Peter Curran for more details on our Lotto Direct Debit on 086-3852973. Check out our Facebook page for more details and don’t forget to visit our new website: www.steunansgaa.com.We extend our sympathies to Adrian Flanagan and family on their bereavement. GAA: ST EUNAN’S GAA CLUB NEWS was last modified: April 30th, 2012 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:GAA: ST EUNAN’S GAA CLUB NEWSlast_img read more