Optimism about sales and hiring remained high among chief executive officers in central Virginia in the third quarter, according to a recent survey.
The third-quarter CEO economic outlook survey, conducted in late September and early October by the University of Richmond’s Robins School of Business and the Virginia Council of CEOs, measured executive views on projected hiring, capital spending and sales over the next six months.
Nearly three quarters of the 78 CEOs who responded said they expect sales to increase over the next six months, up slightly from the second quarter results. More than 38 percent expect sales to increase by more than 10 percent over the next six months, up from the 33 percent who expected double-digit increases last quarter.
