While a majority of senior financial executives are more optimistic about the economy in 2011, many expect it will be two years or more before the economy is strong again, according to a new survey by the Atlanta office of tax and consulting firm UHY Advisors.
The survey found that while 58 percent of the respondents are optimistic about the economy for 2011, 40 percent expect the U.S. economy will get back to a strong growth trend within two years, but 41 percent think it will be longer.
Meanwhile, 61 percent of the survey respondents have a higher level of economic optimism than they did a year ago.
Fifty-five percent report uncertainty about whether the new financial regulatory policies are somewhat or significantly affecting their business decision-making, including investments in new projects and hiring.
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