Even as 2015 could be a record year for mergers and acquisitions, business executives are less optimistic about growth in M&As and the U.S. economy than they were last year, according to Dykema Cox Smith’s 11th annual M&A Outlook Survey.

A total of 37 percent of the executives who participated in the survey said that the U.S. M&A market will improve over the next 12 months compared with the last year, while 43 percent foresee no significant change. That compares with results from the previous survey, when 59 percent of executives expected the market to strengthen over the next year and 33 percent predicted no change.

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