CEO Confidence Continues to Improve
CEOs’ assessment of current economic conditions has grown more positive, with 36 percent claiming conditions are better compared to six months ago, up from 15 percent last quarter. About 29 percent of business leaders say conditions in their own industries have improved, compared with approximately 13 percent in the fourth quarter of 2012.
CEOs’ short-term outlook is also more optimistic. Currently, 32 percent of business leaders expect economic conditions to improve over the next six months, up from 23 percent last quarter. Expectations for their own industries are also more upbeat, with 33 percent of CEOs anticipating an improvement in conditions in the months ahead, up from 19 percent in the fourth quarter.
CEOs were positive in their assessment of current economic conditions in the U.S.,
Survey results were fielded from mid-February to mid-March
Source: CEO Confidence Survey 1st Quarter 2013
The Conference Board
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SOURCE The Conference Board