March 2013: Future Outlook Brighter than the Present
With the much-dreaded fiscal cliff crisis resolved by temporary measures, one might think that CEOs would be more optimistic about present conditions than those they anticipate in a year’s time. However, the latest CEO Confidence Index, Chief Executive’s monthly gauge of CEO expectations for overall business conditions over the next 12 months, rose 4.0 percent to a value of 5.29 out of a possible 10, while the Current Confidence Index, which measures CEO opinion on current business conditions, dropped 2.7 percent to a value of 4.93.