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CEOs optimistic about economy

Still wary of hiring

9:39 PM, Mar. 13, 2013

Chief executives at the largest U.S. companies are much more optimistic about their sales prospects than they were three months ago, though many remain cautious about hiring.

The Business Roundtable said Wednesday that 72 percent of its members expect sales will increase in the next six months. That's up from 58 percent at the end of last year. And 38 percent plan to invest more in plant and equipment, up from 30 percent in October-December quarter, when the Roundtable released its last report.

Still, the improved outlook hasn't made the group more optimistic about hiring. Twenty-nine ...

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