Business confidence high – latest index data
Nolen 5/23 Melanie C. Nolen is research director for Chief Executive Group, “CEO Confidence Rises In May Poll On Fed Hopes ” May 23, 2024 https://chiefexecutive.net/ceo-confidence-rises-in-may-poll-on-fed-hopes/ 6/27/24 NHS BG
As Jordan Buning, CEO of ddm marketing + communications, put it in our latest CEO Confidence Index poll, conducted last week among 129 CEOs across the country: “It seems like we’re living through a series of waves based on what industries are feeling the effects (or fearing the effects).” That would certainly explain the wavering of our leading indicator in recent months. After starting the year on a climb (our forward-looking CEO Confidence Index rose 21 percent from October to March), CEO optimism fell in April (blame the Fed?) before clawing back some of the losses in May. (You can .)