Click on the chart to enlarge |
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The Conference Board Measure of CEO
Confidence™
in collaboration with The Business Council rose sharply in the final month of
Q3 to the highest level recorded since Q1 2018. The measure stands at 64, up
from 45. (A reading above 50 reflects more positive than negative responses.)
While CEOs’ future expectations about the economy (orange line) and their own
industries (green line) rose above the critical 50 point in Q2 2020, their
assessment of current economic conditions (blue line) had remained poor until
just recently. This component of the headline index improved markedly in
September, in tandem with the lower COVID-19 transmission rates and steadily
improving economic indicators that month. |
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