Business Roundtable First Quarter 2008 CEO Economic Outlook Survey Media Conference Call Transcript of Briefing by Harold McGraw III

OPERATOR: Ladies and gentlemen, thank you for joining Business Roundtable's briefing on its first quarter 2008 CEO Economic Outlook Survey. At this time, all telephone participants are on a listen-only mode. Later we will conduct a question-and-answer session, where you will be given the opportunity to ask questions about the CEO Economic Outlook Survey. If you should require assistance during the call, please press star, then zero. I will now turn things over to our host, Mr. Harold McGraw III, chairman of Business Roundtable and chairman, president, and CEO of The McGraw-Hill Companies. Mr. McGraw.