Confidence Of CEOs For Second Half Of The Year Has The Largest Drop In The US Than In Any Of The Nine Global Regions


It’s the largest pullback in confidence since 2009 when the survey was first conducted. Only 37% said the economy had improved in the second quarter. Sixty percent said it had improved during the first quarter of the year.
The YPO is based in Dallas and has a less optimistic outlook for sales and hiring, as well. The reading in the first quarter for sales was an optimistic 71; it has now fallen to 66.7. Its employment index now reads 59.1 from 61.6 during the first quarter.
Sentiment in the US dropped more in the latest survey than the rest of the nine global regions. The survey’s respondents included 1659 global corporate leaders with 664 of those in the US. The sentiment of CEOs in Europe had the lowest reading of the nine.


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