Despite CEOs’ confidence ratings in future business conditions being flat since April, we believe their confidence may be about to break out of its holding pattern.
Since March, when CEO confidence was at its highest in the last 12 months (7.41 on a scale of 1 to 10 with 10...
Although it has dipped slightly in the last two months, CEO confidence made significant strides in the last six months compared to the previous...
CEOs clearly have more confidence in the future today than they did during President Obama's last four years.
After taking a slight step backward in February, CEO confidence ratings surged in March, to 7.41, up 6.0% from 6.99 in February, and up 4.8% from 7.07 in January.
CEO confidence dropped a nominal 1.1% in February 2017 after a three-month rise.
January 2017 marked the third straight month that CEO confidence rose after a year of record lows.
CEOs are clearly excited about the prospect of the president-elect taking office on Jan. 20. After a 10.8% jump in November, their confidence in future business conditions 12 months from now increased another 5.9% in December.
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.
It’s not surprising that large companies (+$1 billion) have the weakest view of future business conditions (12 months from now), according to our latest CEO Confidence Index.