CEOs cautious about growth

Published September 19, 2006 4:00am ET



A majority of America’s CEOs plan to hold back on hiring and capital spending over the next six months as energy costs and interest rates begin to squeeze the economy, according to a survey released Monday.

While about 21 percent of the 109 companies surveyed for the Washington-based Business Roundtable said they had passed increased energy costs on to their customers, 23 percent said they absorbed the added costs.

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