{"id":2191,"date":"2009-12-08T14:30:00","date_gmt":"2009-12-08T20:30:00","guid":{"rendered":"http:\/\/selectmetrix.com\/blogs\/2009\/12\/a-real-economic-prediction\/"},"modified":"2009-12-08T14:21:13","modified_gmt":"2009-12-08T20:21:13","slug":"a-real-economic-prediction","status":"publish","type":"post","link":"http:\/\/selectmetrix.com\/blogs\/2009\/12\/a-real-economic-prediction\/","title":{"rendered":"A Real-World Economic Prediction"},"content":{"rendered":"<p><a href=\"http:\/\/abcnews.go.com\/Business\/wireStory?id=9279726\" target=\"_blank\">This story from abcnews.com<\/a> carries some weight in terms of a real economic forecast.\u00a0 It isn\u2019t good:<\/p>\n<blockquote><p>More of America&#8217;s largest companies will shrink their staffs than will hire in the next six months, according to the latest survey of their CEOs.<\/p>\n<p>Nineteen percent of the CEOs expect to expand their work forces, while 31 percent predict a decrease in the next six months, according to a quarterly survey from the Business Roundtable released Tuesday. That&#8217;s slightly better than the 13 percent who expected increased hiring three months earlier. At that time, 40 percent forecast cuts.<\/p><\/blockquote>\n<p>Granted, the trend is good, but the actualities are not.\u00a0 2010 is shaping up to be a lackluster hiring climate.\u00a0 We work with CEO\u2019s in some of our customer organizations and we are hearing similar reports.\u00a0 The general consensus is to sit tight until there is some discernable signs of a recovery.\u00a0 A healthcare overhaul, cap and trade and tax increases are not helping stimulate the economy (emphasis mine):<\/p>\n<blockquote><p>A new question on the Roundtable survey asked CEOs to identify their greatest cost pressures. The largest group \u2014 <strong>about one-third<\/strong> \u2014 cited health care.<\/p><\/blockquote>\n<p>One other note is the 2010 revenue forecast.\u00a0 I don\u2019t know if I have ever seen a more difficult task for our customers.\u00a0 The uncertainty is astonishingly high.\u00a0 One thing it does point back to \u2013 you better have strong qualifying salespeople on your team in this climate.\u00a0 If not, your forecast will be replete with deals welded to the 90-day close\u2026that never close.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This story from abcnews.com carries some weight in terms of a real economic forecast.\u00a0 It isn\u2019t good: More of America&#8217;s largest companies will shrink their staffs than will hire in the next six months, according to the latest survey of their CEOs. Nineteen percent of the CEOs expect to expand their work forces, while 31 percent predict a decrease in the next six months, according to a quarterly survey from the Business Roundtable released Tuesday. That&#8217;s slightly better than the 13 percent who expected increased hiring three months earlier. At that time, 40 percent forecast cuts. Granted, the trend is good, but the actualities are not.\u00a0 2010 is shaping up&hellip; <a class=\"read-more\" href=\"http:\/\/selectmetrix.com\/blogs\/2009\/12\/a-real-economic-prediction\/\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[49,9],"tags":[1457,1458,49,1748,50,194,97],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-zl","jetpack-related-posts":[],"_links":{"self":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2191"}],"collection":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/comments?post=2191"}],"version-history":[{"count":2,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2191\/revisions"}],"predecessor-version":[{"id":2192,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2191\/revisions\/2192"}],"wp:attachment":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=2191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=2191"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=2191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- WP Super Cache is installed but broken. 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