September 2008
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TD Magazine

Shaky Confidence: CEO Confidence Unsteady on Economic Prospects

Monday, September 1, 2008

Business leaders are only slightly more hopeful about the economy than they were earlier in the year.

According to The Conference Board's Measure of CEO Confidence, executives who rate the current economy favorably rose to 39 points in the second quarter of 2008, a slight rise from 38 in the first quarter. A score above 50 indicates that a majority of CEOs view the economy positively.

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The last time the measure fell below 38 was in the final quarter of 2000 when it was at 31 points.

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