According to two independent surveys commissioned by Grant Thornton, executives are becoming more optimistic regarding the economic outlook for U.S. businesses, despite the problems in Europe and growing concerns from China.

The survey reveals that optimism about the U.S. economy jumped from 26 percent to 36 percent since three months ago when global optimism rose from 34 percent to 36 percent. The figures for those planning to increase hiring grew from 26 percent to 41 percent in the U.S. and 33 percent to 37 percent globally. Those planning to give pay raises above inflation also increased from 5 percent to 11 percent, that figure remains below the global average of 14 percent.

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