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.
CEO Confidence Index Q2 2013 Results
SAN DIEGO, July 2, 2013 – CEOs held optimistic views about the overall economy as well as for their own firms in the Q2 2013 Vistage CEO Confidence Index. While there was a slight shift in their assessments of the economy, how CEOs viewed prospects for their own firms has been remarkably stable since the start of the year. The Vistage CEO Confidence Index was 96.7 in the 2nd quarter 2013 survey, virtually unchanged from the 96.6 in the 1st quarter, and above the 92.8 in last year’s 2nd quarter. The majority of CEOs saw rising home prices as a favorable economic sign, although a sizable minority still thought it was too early to judge the housing turnaround as a clear plus for the economic outlook. Surprisingly, the economic impact of higher payroll taxes and the spending sequester has been nearly imperceptible, as continued improvement in the economy has offset concerns about the fiscal cliff. CEOs were still cautious in their outlook, but believed that they have learned to thrive in a slow growth environment.