CEOs head to Davos more pessimistic about 2013 - 13 WTHR Indianapolis

CEOs head to Davos more pessimistic about 2013

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DAVOS, Switzerland -

As high-powered CEOs flock to the snowy Swiss resort of Davos, they are loaded down with baggage - not just skis and iPads, but concerns about the global economy, public mistrust, disappearing jobs and a heap of other challenges.

New survey results Tuesday showed a steady drop in the number of CEOs worldwide who are "very confident" that their companies will grow this year. The number fell from 48 percent in 2011 to 36 percent this year.

Amid this pessimism, most of them are carefully sticking to a few investments in tried-and-true markets, according to the survey by accounting firm PricewaterhouseCoopers.

Nearly a quarter of the CEOs surveyed plan further job cuts - yet more than half of them say they have trouble finding people with the right job skills.

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