Q2 2023 VISTAGE CEO CONFIDENCE INDEX REPORT

CEO Confidence Stalls Ahead of Economic Slowdown

Q2 VISTAGE CEO CONFIDENCE INDEX HIGHLIGHTS

Overall Economy

15%

of CEOs said the economy recently improved (up from 9% in Q1)

Future Economy

11%

of CEOs expect the economy to improve in the year ahead (up from 9% in Q1)

Expected Revenues

50%

of CEOs expect increased revenues in the year ahead (down from 55% in Q1)

Profitability Projections

42%

of CEOs expect increased profits in the year ahead (down from 43% in Q1)

Future Investments

32%

of CEOs expect to increase investments in the year ahead (up from 30% in Q1)

Future Employment

48%

of CEOs plan to expand their workforce in the next year (down from 54% in Q1)

Expert Perspective: ITR Economics

Q2 2023 THEME: FOCUS ON TECHNOLOGY

Impacts of Artificial Intelligence on Small and Midsize Businesses

The Vistage Confidence Index provides a quarterly report on the outlook CEOs of SMB companies have about the economy, hiring, and profitability.

This monthly survey measures the outlook leaders of small businesses with revenues of $1-20 million have on the economy, hiring and profitability.

VISTAGE CEO CONFIDENCE INDEX IN THE NEWS