August 20, 2008
New Low For CEO Optimism
After dropping dramatically last year, CEO optimism continues to languish.
Only 24 percent of the CEOs of the nation's fastest growing private companies have a positive outlook on the U.S. economy for the next year, according to PricewaterhouseCoopers' Trendsetter Barometer. That's down from a previous 16-year low of 26 percent in the first quarter of the year.
Back in the second quarter of 2007, 64 percent of the CEOswere optimistic about the year to come. The number dropped to 29 percent by the fourth quarter.
Survey respondents were slightly more optimistic about the world economy than they were last quarter, with 39 percent hopeful about the global outlook for the next 12 months, compared with 36 percent in 1Q2007.
WBJ Web Partners
Most Recent
Most Recent
0 Comments