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Wisconsin business execs less optimistic about U.S. economic growth

MADISON, WI (WTAQ) - A new report shows that Wisconsin business executives are less optimistic than their national counterparts about U.S. economic growth over the next year. 

A survey from the tax and consulting firm of McGladrey said 56 percent are somewhat optimistic about their prospects for growth over the next year -- 6 percent fewer than the national figure of 62 percent. 

Almost 21 percent of Wisconsin business leaders said they were very optimistic, compared to 22 percent nationally. 

It's not a gloom and doom report, however. 

Almost 40 percent of Wisconsin businesses said they were thriving right now, above the national number of 31.5 percent. Only about 6.5 percent of Wisconsin execs said their firms were in decline, less than the national total of almost 7.5 percent. 

Republican Governor Scott Walker attended the unveiling of the report in Milwaukee. He said it shows that Wisconsin's on the right track in growing the economy. 

The report said executives are impatient with results which are better than before -- but not at the point where they would feel comfortable investing.

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