Bay Area Executives Feeling Nervous About The Economy

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Copyright © 2010 By The Associated Press. All Rights Reserved.
MikeColgan20100909_KCBS_0410r Mike Colgan
Mike Colgan, who has worked in Bay Area radio for more than 40 year...
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The latest business confidence survey shows Bay Area CEO’s and executives are still nervous about what lies ahead “There’s a lot of uncertainty in the economy,” said Jim Wunderman, the president of the Bay Area Council, which authored the survey.

KCBS Mike Colgan Reporting:

Wunderman said while CEO’s are nervous they also expressed optimism.

“Our index is in positive territory, which is good because last year it lived in negative territory,” Wunderman said.

Only 14 percent of the CEO’s said they planned to decrease their workforce.

(© 2010 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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