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Company Hiring, Spending on Hold Amid Uncertainty, CFOs say

Poll shows almost half of finance executives say coming elections are weighing on the business outlook.

By Michelle Jamrisko, Bloomberg | Updated on June 09, 2016

Almost half of U.S. financial managers are slashing hiring or spending plans as political uncertainty weighs on the business outlook during the election year, according to a survey released Wednesday.

Forty-seven percent of U.S. firms reported pulling back on employment or investment, according to the quarterly Duke University/CFO Global Business Outlook poll. 

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