The small to medium-sized business executives in US are remaining reticent to employ and there is a drop in their expectation about the rate of US growth, according to a survey by US Chamber of Commerce.

The executives are still planning to decrease layoffs, the following year, as per the coordinators of the Vistage CEO Confidence Index.

• From the last survey, 44 percent of CEOs were planning to expand their workforce was steady.
• About 9 percent of the executives are planning layoffs in the preceding 12 months. It was the lowest level ever in the past 3 years.
• Around 47 percent which is almost half were expecting to keep their employees number constant.
• There is a quarterly release of the Vistage CEO confidence Index by Vistage International, Inc., which is a CEO organization having headquarters at San Diego, Calif.
• As per the survery, the CEOs were expecting very few cuts in employment. During the US recovery, they were less optimistic than in the survey of the last quarter.