A rebound in CEOs’ perceptions of economic growth combined with a more favorable outlook for the economy has created a new optimism. The Vistage CEO Confidence Index was 106.9 in the 1st quarter 2017 survey, slightly above the 105.2 in last quarter’s survey, and well above the 3rd quarter reading of 91.4. Although the surge in optimism has thus far only restored confidence to the highs recorded following the Great Recession, the return of optimism to the highs of the past few years has meant that CEOs anticipate favorable trends in their revenues and profits.
Q1 2017 Vistage CEO Confidence Index highlights include:
Since its establishment in 2003, the Index has proven to be a reliable leading indicator for changes in GDP and employment. (CEO Confidence Index is the red line.)57% of CEOs expect the economy to post additional gains during the year ahead #Q12017 Click To Tweet
(Click the image above to view the Q1 2017 Vistage Confidence Index Infographic)
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