Q4 2015 Vistage CEO Confidence Index
The quarterly Vistage Confidence Index is now available.
Overview of the survey:
- The nation’s largest and most comprehensive report of the opinions and projections of small-to-medium sized business CEOs about the U.S. economy.
- Conducted quarterly and typically includes between 1,300 and 1,500 CEO respondents from across the country.
- Results analyzed by University of Michigan’s Dr. Richard Curtin, who also oversees the U.S. Consumer Sentiment Index.
- Curtin has determined that since 2003, the Vistage CEO Confidence Index has served as a reliable harbinger for changes in GDP and employment
More than 1,350 Vistage members surveyed in the Q4 2015 Vistage CEO Confidence Index expressed somewhat greater concerns about the outlook for the domestic economy but remained upbeat about their own firm’s prospects. The Vistage Confidence Index was 95.5 in the 4th quarter of 2015, just below last quarter’s 96.3 and well below last year’s 107.5. The well-worn pattern of uneven economic growth has produced periods of growing optimism followed by the realization that the economy will not deviate from the more modest growth rates established since the Great Recession.
Below are some key highlights from the survey:
- 36% of CEOs said the economy has improved compared to a year ago, down from 63% in last year’s 4th quarter and the worst assessment of current economic conditions in three years.
- 25% of CEOs expected gains in the pace of economic growth during the year ahead, the worst outlook in four years.
- 55% of CEOs planned to expand their workforce in the year ahead.
- 71% of CEOs expected increased revenue gains in the year ahead. 58% of CEOs expect increased profits.
Download the Q4 2015 Vistage CEO Confidence Index flyer to view the full results.
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