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Survey: CEO optimism was on the rise before Silicon Valley Bank meltdown

Data: Business Roundtable; Chart: Axios Visuals

Corporate America started the year slightly more optimistic about the economy, and had plans to hire and spend at rates that would keep growth humming, according to a survey of more than 100 chief executives of America's biggest companies by the Business Roundtable (BRT).

Why it matters: Executives' outlook suggests the U.S. is not plunging into a recession. But it does imply slow growth and wariness around hiring, sales and capital spending.

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