Daily News: June 8, 2012

CEOs Pessimistic Over Job Slowdown, Europe Debt Turmoil


Bloomberg noted is a story on June 8, 2012 that U.S. chief executive officers are turning more pessimistic about a second-half recovery as rising unemployment and Europe’s debt turmoil threaten domestic growth prospects.

According to Bloomberg, CEOs said they are concerned about the health of the U.S. economy. While economists predict a continuing expansion this year and next, executives see a mounting number of obstacles that could clip growth.

To read the Bloomberg story in its entirety, click here.