CEO confidence in business conditions 12 months from now remained flat in October, registering a 5.90 on a scale of 1 to 10, compared with the same rating for September. (A 9-10 rating is excellent, while a 1-2 rating is poor.)
While the CEO Confidence Index increased 0.20 points in September, from 5.70 to 5.90, the flat rating in October is also a good sign, showing that the turnaround is remaining steady.
However, signs of progress will likely be slow, since 43.7% of CEO respondents are still projecting a less than 10% revenue growth over the next 12 months and a third expect the same for profits.
The number of CEOs who anticipate growth higher than 20% (12 months from now) in revenue, employees, capital expenditures or profit all remain in the single digits.
How did the nation’s second-smallest state become a business mecca—and will it stay that way?
The intersection of employment law and geopolitics presents complex challenges for organizations operating in a…
If AI strategy is not unfolding according to plan, it's usually down to missing one…
Automation Alley COO Pavan Muzumdar gives insight into how manufacturers can deploy generative AI, right…
Amid a swirl of pushback—practical, political and legal—two authors offer an alternative path to pragmatically…