The results of the recent Business Roundtable First Quarter 2011 CEO Economic Outlook Survey may be of interest to individuals who wish to enroll in traditional or online MBA programs.
Business Roundtable, an association of U.S. CEOs, conducts the quarterly survey in order to provide a forward-looking view of the economy. The results were collected from 142 members and executives between February 28 and March 18 of this year.
Based on the survey's results, 92 percent of respondents expect their company's sales to increase over the next six months, which is a 12 percent rise in optimism over the fourth quarter of 2010.
CEOs expect a 62 percent rise in their companies' capital spending, while only 6 percent plan to reduce their number of investments.
Regarding new job opportunities, 52 percent of participants plan to hire new employees, with 11 percent reporting that they will not.
"Our CEOs see momentum in the economy over the next six months, with increased demand fueling greater investment and job creation," said Ivan G. Seidenberg, chairman of Business Roundtable as well as the chairman and CEO of Verizon Communications.