SAN DIEGO (April 1, 2014) – CEOs in the latest Vistage survey maintain their economic optimism at the same high level as in late 2013, despite the negative impact from the harsh winter. This increase in confidence was most strongly reflected by record-setting increases in hiring. Among all firms in the 1st quarter survey, 58% planned on expanding their payrolls during the year ahead. This was the highest level recorded since the start of 2007, seven years ago. Given these expansive plans it should be no surprise that firms reported the top issue they were now facing was finding, hiring, and training new staff, easily exceeding concerns about health care costs and economic uncertainty.
A monthly survey measuring the sentiment of U.S. small-business CEOs and owners about the economy. Respondents are limited to businesses with annual revenues of $1 million to $20 million. The findings are analyzed by Dr. Richard Curtin, University of Michigan. View an interactive tool with the full results at vistageindex.com.