PWC: Gloomy feelings

The latest PricewaterhouseCoopers Management Barometer Survey is out reporting some gloomy attitudes on the part of senior managers in large US companies.

“U.S. senior executives continue to see uncertainty in the economy caused
by the threat of more terrorism and the possibility of war in the Middle East. More than a year after 9/11, their confidence in a business recovery, which had been building slowly, has weakened considerably,” said Frank Brown, PricewaterhouseCoopers global leader of Assurance and Business Advisory Services. “Only about a third of executives believe the economy is growing, and less
than half have a positive view of its prospects for the year ahead,” he said.

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