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Boeing CEO Doesn’t See Another Recession

Jim McNerney, Boeing

Boeing chairman, president and CEO Jim McNerney told Fox News in an interview Oct. 3 he does not see the U.S. slipping into a recession.

“I think there is a lack of confidence,” McNerney said to Neil Cavuto. “I think Washington, the super committee, needs to get something done just to restore our confidence in the political process.”

McNerney also said real estate and construction usually drive recoveries, but have not been participating in economic recovery.

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