Survey: CEOs are optimistic about economic growth

Business leaders appear optimistic about economic recovery, according to a survey by the Business Council and Conference Board. More than 70% say they expect the economy to grow by as much as 3% this year -- only 51% thought the same in February. But the executives are also worried about the federal deficit. "The current projections are for a train wreck" if nothing is done, said Jim Owens, CEO of Caterpillar.

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