U.S. manufacturing may seem to be on the ropes these days with all the reports of a decline in activity, but as National Manufacturing Day neared on Friday, Americans’ perceptions about the national industrial backbone remained strong.
CEOs say they are still concerned with the volatility and uncertainty of global and domestic politics but find confidence in stable macroeconomic fundamentals and remain hopeful for progress on China-U.S. trade talks.
We've reached 10 years of economic expansion and yet, many CEOs seem to be anxious. The biggest worry rhymes with Smariffs, but that’s hardly the only concern. Amid this darkening mood, Chief Executive Editor-in-Chief Dan Bigman shares a few reasons to be optimistic.
CEO confidence in future business conditions fell 6% in August from July, according to Chief Executive’s most recent polling. At 6.2 out of 10 on our 1-10 scale, confidence is at its lowest level since October 2016.
Amid announcements of new tariffs on China and, at the time of polling, Mexico, CEOs’ outlook for future business conditions plunged 6 percent from May to June, according to Chief Executive’s most recent reading of CEO confidence.
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