Top US executives are concerned with rising oil prices & interest rates, as well as a possible easing in consumer spending, could retard economic growth.
CEOs from large US companies found the overall CEO economic outlook index was 98.6 in June that was remarkable lower than 102.2 in March.
CEOs in the US expect economics growth to be 3.4% in 2006 compared with 3.5% in 2005.
Another study conducted by the Duke University/CFO Magazine Business Outlook manifested that around 46% of chief financial offers in the US had grown less positive about the economy during the quarter ended on June 1.
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