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The latest Business Roundtable CEO survey is a pretty good summary of the sluggish economic environment we are currently in.  In general this remains an uncertain environment with weak end demand and and very little visibility.  The result is no revenue driven recovery and therefore no surge in hiring.    Ivan G. Seidenberg, Chairman of Business Roundtable elaborated on the report:

“Sales forecasts are down from last quarter, prompting CEOs to remain cautious.  However, they are preparing for future demand by increasing investment in capital.”