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These are the first two trips Business Roundtable 4Q CEO Economic Outlook Survey Of these, 83% rated more stimuli, especially to help small businesses fight back.
“As we call on lawmakers to defeat COVID-19 and rescue American workers and small businesses in the short term, we look forward to working with the incoming administration and Congress to rebuild the economy and help Americans grow in the long run.” Said Doug Macmillan.
Joshua Bolten, chairman and chief executive of the BRT, said that if Congress failed to implement the two-party relief package, it would hurt the economy. “Further delays in the delivery of relief will affect millions of Americans and cause further damage to our economy,” he said.
Representing 15 million employees and approximately $ 7 trillion in revenue, the BRD has seen an improvement in its CEO Economic Outlook index, which shows that economic perceptions are evolving from epidemics.
Plans for hiring rose 11.5 points to 58.1, slightly below the index’s historical average, while capital investment and sales expectations were above the historic averages of 84.0 and 116.4.
According to the group’s first estimate, U.S. GDP is now expected to rise 1.9% by 2021.