Graphics Gallery CEO Confidence Down
Business leaders from around the globe are pessimistic as they look at the immediate future. According to a new survey by Pricewaterhouse Coopers, only one in five think that 2009 will bring increased revenues.
Just 21 percent of respondents said they expect their company's revenues to increase in 2009. Results were even lower in the industrialized world, with 17 percent of German managers, 13 percent of Americans and just 5 percent of French reporting that they are "very confident" about 2009.
Foto: SPIEGEL ONLINE
Confidence has dropped as the economic crisis has deepened. The survey did show that CEOs expect a turnaround to follow, but they anticipate it being a slow one.
Foto: SPIEGEL ONLINE
The global nature of the economic downturn was listed as the most immediate threat by a vast majority of CEOs. Capital market disruption was also a major concern.
Foto: SPIEGEL ONLINE
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