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Doremus/‘Financial Times’ research finds senior execs bearish on economy

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New York—About 70% of senior executives at global corporations said they expect global and local economic conditions to get worse before they get better, according to a survey by Doremus and the Financial Times.

The report, “Decision Dynamics,” was based on an online survey in late September of more than 300 senior executives at companies in North America, Europe and Asia.

It found that the top corporate goal for this year is cutting costs and improving efficiency, cited by nearly 60% of respondents.

Other top corporate goals for this year are improving market share and competitive position (50%); developing and marketing new products and services (just under 40%); and finding and keeping talent (about 30%).

—Kate Maddox

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