Top Execs Express Pessimism

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SAN FRANCISCO Several months of sluggish economic growth have taken their toll on the outlook of top executives, according to a quarterly poll by The Conference Board.

The “Measure of CEO Confidence,” which had improved to 53 percent in the first quarter of 2007, fell to 45 percent in the second quarter. The survey covers about 100 business leaders in a wide range of industries.

The figures, compiled in June 2007, erase two quarters of improvement, said Lynn Franco, director of the board’s Consumer Research Center.



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