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McKinsey Global Survey of Business Executives: Economic and hiring outlook, Third Quarter 2007

• Companies everywhere, including North America, remain likely to add workers in the short term, creating most new jobs in the same country as corporate headquarters.
• Inflation fears have eased across regions. Over half of the respondents expect inflation to remain stable. Around the world, those who expect inflation to change over the next six months agree on the main cause: oil prices, which spiked while the survey was in the field.
• Competition is the most important factor that executives blame for the continuing inability to raise prices.