Companies Grow Pessimistic About U.S. Economy, Survey Shows - Bloomberg

Written on July 17, 2012

Companies are growing more pessimistic about the U.S. economy this year and plan to limit hiring as the European debt crisis hurts sales and concern rises over the looming so-called fiscal cliff, a survey showed.

Some 62 percent of businesses project no change in employment over the next six months, according results of a National Association for Business Economics