Wall Street Journal (03/03/15) Eric Morath
Even though chief executives predict the economy will accelerate moderately this year, it is expected to perform below its potential, according to the Business Roundtable’s first-quarter survey of 120 executives. The survey estimates that 40% will increase hiring over the next six months, and 23% plan to lay off workers. They also predict a falling unemployment rate and increased wage growth. The respondents believe that gross domestic product will advance 2.8% this year, similar to the 2.9% forecast by economists surveyed by the Wall Street Journal.