There was no difference in opinion based on company size, but there were significant differences when analyzed by industry.
CEOs overall rated their confidence in business conditions 12 months from now a 6.08 on a scale of 1 to 10 (with 10 being the highest), compared with 6.71 in January, a 9.4% reduction caused by a weak economic recovery, flat manufacturing sales, increased terrorism, cybersecurity threats and more.
CEOs’ faith in future business conditions (12 months from now) continues to drop. Respondents to Chief Executive’s November 2015 survey showed a reduction in CEO confidence, down 2.7% from October—and down 9.7% the beginning of the year.
All year, there have been media reports of a flat or sluggish economy, so it’s no wonder CEOs’ confidence in future business conditions is still relatively weak compared with the start of the year.
CEOs’ outlook on the future diverges significantly by industry, with Pharmaceutical/Medical Device leaders having the most confident outlook on future prospects. while energy/utility companies, not surprisingly, have the least positive outlook, and feel that economic conditions, for them, will get worse by next year.
CEO confidence started off the year on a high note. But due to a combination of economic, regulatory and other woes, confidence at the seven-month mark has weakened slightly.
CEOs' confidence in what they anticipate overall business conditions to be 1 year from now weakened in June as compared to the previous month,...
Clearly, CEO confidence has been affected by the negative economic reports of late, including flat or reduced U.S. job growth, GDP and manufacturing output. Some economic forecasters...
The CEO Confidence Index, Chief Executive‘s monthly gauge of CEOs’ expectations for business conditions over the next 12 months. With a slow-but-steady rise over the last two months, CEOs are growing more confident about future business conditions.