The Hill cites a new survey by the Conference Board in reporting that “the confidence of the nation’s business leaders in the future of the economy has dropped dramatically.” Only 17 percent of the CEOs surveyed in this year’s second quarter viewed the economy positively versus 67 percent in the first quarter. Furthermore, only 20 percent said they expect an improvement in the next six months, down from 59 percent in the previous poll. “The survey polls 800 CEOs whose companies are members of the Conference Board,” the publication notes. “The results from the new survey are from May and June.”
CEO confidence in economy drops dramatically, survey shows
Only 17 percent of CEOs viewed the economy positively in the second quarter, finds a new survey by the Conference Board.
July 6, 2012