Executives fear double-dip recession, poll finds

An overwhelming majority of business executives (84 percent) polled by consulting firm Deloitte are concerned that the economy will reverse course on recovery and create a double-dip recession. 

"They are worried about job growth as well as continued uncertainty within the financial and governmental sectors," David Williams, chief executive officer of Deloitte Financial Advisory Services, said in prepared remarks. "The economic growth we experienced at the end of 2009 and the momentum that continues today has resulted in increased optimism; however, until the job picture stabilizes and the credit markets firm up, concerns will remain." 

The polled tapped the opinions of more than 1,280 executives working in a wide array of fields in March. 

Roughly one-quarter (27 percent) of respondents are very concerned about there being a double-dip in the economy while over half (58 percent) are somewhat concerned.