Almost nine out of 10 CEOs of major companies agree that new U.S. government regulations are having a substantial effect on investment and hiring, according to a Business Roundtable (BRT) survey released Tuesday.
Of the 122 BRT member chief executives who participated in the “CEO Economic Outlook Survey” for the first quarter of 2014, 89 percent said the complexity and cost of new regulations had either a “very” or “moderately” significant effect on how much money their companies invest and how many employees they hire in the U.S. each year. Only 11 percent of the CEOs said regulation had no effect.
