US firms are getting nervous about the transatlantic effects of Europe's debt crisis—and fewer of them foresee hiring anytime soon. In early April, 39% of US companies polled planned to hire sometime within the next six months; by June that figure was down to 23%, the National Association for Business Economics finds.
And Europe could be part of the reason why. The NABE survey found that 47% of companies believe European troubles have hurt their sales figures, Reuters reports; that percentage stood at about 25% in the earlier poll. Moreover, nearly four in five companies offering goods, rather than services, felt Europe's crisis had hurt revenues.