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Executive Group Forecasts 'Slow Growth'

January 16, 2013
Executive Group Forecasts 'Slow Growth'

Vistage International, a membership-based organization comprised of CEOs and other leadership personnel from small- and medium-sized businesses, has released findings from its quarterly CEO Confidence Index vistage.com/media-center.aspx going into 2013. Overall, leaders foresee a continued slow pace of growth because of ongoing uncertainty about taxes, regulatory burdens and concerns about the federal deficit and debt ratings. Some of the numbers behind the 1,600 CEOs sentiments: 63 percent anticipate revenue growth, 49 percent expect increased profits, 45 percent expect their firm's total number of employees to increase and 35 percent report improving economic conditions.

Vistage is now launching a group here in northern Michigan.

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