Business

US CEOs less optimistic about hiring, spending

By Christopher Rugaber
Published September 16, 2014 3:36pm ET
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US CEOs less optimistic about hiring, spending
FILE - In this Aug. 19, 2014 file photo, Jessica Pimentel, of Hollywood, Fla., fills out a job application during a job fair in Sunrise. Fla. Optimism among chief executives at the largest U.S. companies fell in the July-September quarter after reaching a two-year high in the previous quarter. (AP Photo/Alan Diaz) | Alan Diaz

WASHINGTON (AP) — Optimism among chief executives at the largest U.S. companies fell in the July-September quarter after reaching a two-year high in the previous quarter.

The Business Roundtable said Tuesday that its CEO outlook index fell to 86.4 in the third quarter, down from 95.4 in the April-June period.

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