Surveys point to recovery in U.S. 

The surveys also showed:

• 76 percent expect business conditions in their sector to be better;
• 51 percent expect the U.S. economy as a whole to experience substantial recovery: and
• 59 percent believe their businesses are well poised to take advantage of an economic recovery.

Technology executives optimistic

Technology executives believe their sector will recover from the current economic crisis substantially more quickly than the U.S. economy, with senior business leaders expecting improved revenue and profitability in 2010 and about half seeing an improved job picture.

• Read more on the technology sector survey.

Financial services sector to lag recovery

Business leaders in the financial services/banking sector showed that respondents foresee their industry's recovery lagging that of the national economy, but still see 2010 as a turnaround year as they expect improvements in revenue and profitability.

Food and beverage sector on road to recovery

Some 72 percent of food and beverage executives expect business conditions in their sector to improve in 2010, with the same percentage expecting stronger revenue, while 65 percent expect improved profitability. And, 60 percent of survey respondents in the food and beverage sector think their industry will fully recover ahead of the U.S. economy.

• Read more on the food and beverage sector survey.

Retail executives split on recovery

Of retail executives surveyed, 70 percent said they expect business conditions to improve in 2010, with 68 percent expecting stronger revenue and 66 percent expecting improved profitability.

As for the timing of the recovery of their industry as compared to the overall U.S. economy, 49 percent of respondents thought retail would recover ahead of the U.S. economy, while 51 percent thought it would be at the same time or after.

• Read more on the retail sector survey.