Slowing of U.S. Economy Leads to Decrease in Domestic Optimism, Says PricewaterhouseCoopers

“Executives are seeing a slowdown in their rate of growth and revenue projections for 2007 compared to 2006,” said Misthal. “However, this will turn slightly upward over the next 12 months through Q1 2008, although with a continued concern about oil and energy costs.”

Concern over oil and energy prices remained the leading barrier to growth for the next year, though dropping eleven points from 62 percent in the fourth quarter to 51 percent this quarter. The lack of demand also remained a negative factor cited by 36 percent of executives along with a concern over legislation or regulatory pressures (also 36 percent).