Melanie C. Nolen
President Trump’s escalation of the trade fight with China may have spooked global markets, but U.S. CEOs are taking it in stride so far, according to Chief Executive’s monthly reading of CEO confidence.
Chief Executive’s most recent reading of CEO confidence in current business conditions remains flat month-over-month, at 7.3 out of 10, while confidence in future conditions decreased slightly to 6.7/10, from 6.8 in February.
CEOs have revived optimism stemming from robust economic conditions, solid consumer demand, strong earnings, and easy access to capital.
With the lowest jobless rate since December 1969, companies have no choice but to shed outdated HR strategies and find new ways to attract and keep their most valuable asset.
After plunging to a two-year low in December, CEO confidence in future business conditions ticked up 2.5% in January to 6.6 out of 10, from 6.4 out of 10 in December.
In a business environment increasingly focused on machine-generated data, intuition continues to play an important role in the executive decision-making process.
Our monthly reading of CEO confidence in business conditions fell sharply in December as the nation’s business leaders increasingly perceived that gathering economic and political headwinds. The CEO Confidence Index is at its lowest levels in two years.
Chief Executive’s most recent reading of CEO confidence in future business conditions slipped from 7 out of 10 in October to 6.9 in November. It was a new low for 2018 as business leaders begin to prepare for a possible downturn ahead.
The CEO Confidence Index has taken a tumble, thanks a trade war that CEOs say is beginning to materialize and a fear a change in the weather.