CEO Confidence Index

December 2016: CEO Confidence Finishes Out Year on High Note

CEO confidence has a direct impact on their expectations for their companies’ top and bottom lines. Nearly half (47.4%) of all December 2016 respondents expect their revenue to rise 1 to 9.9% 12 months from now, 22.1% expected their revenues to grow 10 to 19.9%% and 12.7% expect it to rise 20% or more. Profit projections followed a similar pattern, with 38.7% anticipating a 1 to 9.9% increase, 21.2% a 10 to 19.9% increase and 14.2% anticipating an increase above 20%.

This confidence shows in their overall ratings. CEOs rated their confidence in business conditions 12 months from now a 6.93 out of 10 (with 1 being the lowest and 10 being the highest); that’s a 5.9% jump from November’s 6.54, and a 14.7% jump from 6.04 last January.

“Finally, with a change in the White House the economy will start to get better,” one CEO said. “Our management team is highly optimistic the national tax and regulatory environment will improve materially with the incoming administration,” said another.

Not everyone agrees, however.

One CEO remains concerned about state regulations in California, while another felt that “the simultaneous and multiple overlapping ripple effects of the Trump election … will erode U.S. and global B2B and B2C buying confidence and many other critical yet tenuous commerce support mechanisms and financial foundational structures.”

Compared with previous presidential elections, confidence is nearly at 2004 levels (the CEO Confidence Index was launched in 2002).

Lynn Russo Whylly

Share
Published by
Lynn Russo Whylly

Recent Posts

Manufacturing Confidence Rebounds In Face Of Global Volatility 

Despite stressors associated with heightened global risk mounting since early 2026, U.S. manufacturers express increased…

3 days ago

The Surprising Reason Successful Founders Feel Overwhelmed

Most entrepreneurs expect uncertainty to fade as their businesses succeed. More revenue, more experience, more…

3 days ago

Your Books Are Lying To You

What CEOs don’t know about their own financials—and what it’s costing them.

5 days ago

Three Lies Leaders Tell Themselves That Never Stay Cheap

How short-term leadership relief turns into high-interest debt.

5 days ago

How To Build A $100 Million Business By Dropping Half Your Customers  

Itai Sadan knew his company was being torn in two. Here's how choosing focus over…

6 days ago

CEO Optimism Cools In March Survey As Economic Concerns Rise 

Survey of 237 U.S. CEOs the first week of March finds optimism moderating (again) as…

7 days ago