Vistage CEO Confidence Index Takes Biggest Leap Since 2009
EXCLUSIVE: Vistage’s quarterly CEO Confidence Index was released Wednesday, and the results are overwhelmingly positive.
The Vistage CEO Confidence Index notched in at 98.8 for 2011’s 4th quarter. That’s up from 83.5 in the 3rd quarter — and the 18 percent increase is the largest quarterly gain since 2009.
As the graph shows, the U.S. CEO confidence is also at its highest peak since early in 2011, when it edged slightly higher with 105.2.
“Every component of the confidence index improved,” the report summarized. “Expected gains prompted CEOs to plan increases in employment and fixed investments, as they anticipate higher revenues and profits during the year ahead.
“This is not the opinion of pundits or economists; these are the CEOs who are leading our economic recovery and will be responsible for improving the business and employment picture in the U.S. over the next three years,” added Vistage Chairman of the Board and CEO Rafael Pastor.
Want more data? Click here to access and configure your own report using Vistage’s interactive CEO Confidence Index tool. Watch the brief video below on how to use it:
Indeed, the three-year outlook as measured by the Index is not only “very telling and good news for our economy,” it has international implications, too.
Forty-nine percent of CEOs “believe that in three years, the U.S. will be the most improved economy in the world” — compared to China at 17 percent and South America at 14 percent.
The Vistage CEO Confidence Index is a compilation of responses from 1,641 CEOs throughout the United States taken over ten days in mid-December. Vew the full report at PR Newswire.
[EDITOR’S NOTE: Keep checking back in the coming days for more reports and insight on the exclusive data contained in The Vistage CEO Confidence Index.]