Niagara Gazette

Local News

January 13, 2013

Business leaders pessimistic about 2013

(Continued)

Niagara Gazette — Adverse economic conditions continues to concern two-thirds of New York’s CEOs. Forty percent of CEO’s call on the Governor and Legislature to cut spending as their top focus. While CEO’s continue to lack confidence in the ability of New York’s government to improve business conditions, their faith in New York’s government has increased, Levy said.

But their confidence in the federal government remains extremely low. CEO’s strongly support domestic energy development, a balanced budget amendment, reducing corporate income tax rates, repealing the health care legislation and capping annual increases in federal regulatory spending at $0.

The survey was taken by 1,142 corporate leaders from a variety of industries in New York.

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