Despite stock volatility, executives moving ahead with growth plans — for now

Washington policymakers are entering a crucial period for the nation's stalling economy, starting with President Obama's address to Congress about jobs on Thursday, but the fate of the recovery ultimately depends on decisions being made elsewhere: inside corporate America.

So far, business leaders have been standing firm, with senior executives making few revisions in the plans they had drawn up for expansion and hiring, according to interviews and a review of more than three dozen recent conference calls that executives have held with financial analysts. Even the wild swings on Wall Street during this cruel summer have not knocked executives off track.

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Greg Jaffe 03 Sep, 2011

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