COMPAS Poll/Survey

Following the S & P Downgrade of U.S. debt, COMPAS’ business panel of CEOs and business leaders was asked for its assessment of the decision. The general view is that the downgrade was well founded, notably because of the delay in raising debt ceiling and fear of increased spending. Yet the downgrade did on balance damage the U.S. economic situation. A second downgrade is unlikely, in panelists’ estimations.

These are the key findings from this past week’s Internet survey of CEOs and business leaders on the COMPAS panel. The weekly business survey is undertaken for Canadian Business magazine.

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