CEOs downbeat about growth


Reinforcing the pessimistic
economic outlook forecast by
the World Bank are the results
of the latest survey of business
leaders from around the
world undertaken annually
by PricewaterhouseCoopers
International.
Two-thirds of CEOs (66%)
see more threats facing their
businesses today than three
years ago. Just over a quarter
(27%) believe global growth
will improve over the next 12
months, a decline of 10 points
on last year, according to the
survey presented by PWC
chairman Dennis Nally in
Davos, Switzerland last week.
In addition, slightly
more than a third (35%)
are very confident of their
own company growth in the
coming year, down four points
on last year (39%), and even
one point below 2013.
INSERT
66% CEOs who see more threats
to their businesses than three
years ago.