Survey finds CEOs more confident on global economy

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Associated Press

Posted on January 21, 2014 at 2:01 PM

Updated Tuesday, Jan 21 at 2:02 PM

DAVOS, Switzerland (AP) — A survey finds that CEOs around the world are more confident in the global economy.

Accounting and consulting firm PricewaterhouseCoopers, which conducted the survey, said the world's corporate leaders are "gradually switching from survival mode to growth mode." That improved optimism could lead to more investment, growth and jobs.

Activists, however, warn that wealth inequality is a growing and pressing concern that needs to be addressed.

PwC's findings came as political and business leaders gathered in the Swiss ski resort of Davos.

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