The CEO Confidence Index gained 4.3% in February, landing at 6.03 out of 10. This is the first time that the Index has ventured above 6.0 since May of 2011. One especially encouraging metric is hiring; over 45% of CEOs expect to expand their workforce over the next 12 months.
The CEO Confidence Index continues to rise, landing at 5.78 out of 10. The Index hasn't been this high since May of 2011, and some CEOs indicate that business conditions are better than the media lets on.
December saw a 4.9 percent increase, but fewer CEOs are expecting an increase in revenues, profits and capital expenditures. As one CEO put it, “Uncertainty is the watch word.”
Confidence is on the upswing in November with a 7.1 percent jump in expected improvement for overall business conditions. Optimism is up in terms of revenues, profit, and capital expenditures. Over 40 percent of CEOs plan to increase hiring.
The CEO Confidence Index leveled out at 4.88 out of 10 after a steady decline through 2011. Almost half of CEOs expect not to do any hiring over the next 12 months. Fifty-four percent expect to see an increase and revenues and 46 percent expect to see an increase in profits.
The CEO Confidence Index continued its decline into September, falling to 4.88 out of a possible 10. The Index hasn't been this low since September 2010’s 4.85. Most CEOs predict a stagnant year, and around one quarter of CEOs expect to see a decrease in profits and capital expenditures.
The beginning of August brought Washington’s debt ceiling circus followed shortly by S&P’s downgrade of American debt. And, in turn, CEO confidence in business conditions remained negative. Though the CEO Confidence Index rose slightly (0.4 percent) it remained at a dismal 5.30 out of a possible 10. As one CEO put it, “As I approach my 44th year in business, the last 20 as a CEO, I can never remember a time when I felt so disenfranchised from our leadership in Washington.
The CEO Confidence Index plunged 12.2 percent in June to 5.36 out of a possible 10. This is more than one full point lower than 2011’s high of 6.39 in February. CEOs’ expectations were far lower on everything from revenue and profit to employment and capital expenditures.
Following an optimistic April, the CEO Confidence Index fell 2.2 % in May to 6.09 out of 10. Only 65 % of CEOs predict that overall business conditions will be ‘good’ or better over the next year. Chief executives focused primarily on the possibility of inflation and increasing levels of government debt.