In the Business Leaders Outlook 2016, the top challenges facing businesses are revenue/sales growth (74%); limited supply of talent (40%), especially in the construction (63%) and services (50%) industries; and, managing labor costs (40%) were also noted challenges.
Despite challenges and overall global pessimism, businesses nevertheless project strong international growth for their companies. Among the 60% who are globally active, seven out of 10 (70%) expect their overseas sales to increase in the next five years.Read more: JPM: U.S. Businesses Optimistic on Growth; Uncertain About Economy
Note: In the Business Leaders Outlook 2016, you can find out what nearly 1,400 middle market executives think about the economy and how they're planning for the year ahead.