Q2 2017 Vistage CEO Confidence Index Results

Q2 Confidence Index The Vistage Confidence Index was 103.1 in the second quarter, down from 106.9 in the 1st quarter but still well above last year's 88.0. Q2 2017 Vistage CEO Confidence Index highlights include: 55% of CEOs reported that economy had recently improved, slightly below last quarter’s 59% but more than twice last year’s 21%. Only 38% expected continued improvement, down from 57% last quarter and 58% in Q4 2016, but higher than 20% in Q2 2016. 60% of CEOs plan to expand their workforce in the year ahead. The majority 62% indicate that they were having trouble finding and hiring workers. 48% of CEOs are planning for increased investments in plant and equipment. 73% of expect increased revenue, down from 77% in Q1 and 78% in Q4 2016. Chicago Area Survey Highlights: 28% of CEOs expect the economy to improve in the year ahead (vs. 38% nationally) 44% of CEOs expect to increase investments in the year ahead (vs. 48% nationally) ...
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Q2 2017 Vistage CEO Confidence Index Results: Strong and Steady

Q2 Confidence Index CEOs of small and mid-sized companies remain confident in the economy and their business prospects, according to the latest reading of the Vistage CEO Confidence Index. The index measured 106.9 in the first quarter of 2017, a slight increase from the 105.2 measured last quarter (Q4 2016) but well above the 91.4 reading from the previous quarter (Q3 2016). Other highlights from the quarterly survey include the following: CEOs predict continued economic growth According to the majority of CEOs surveyed, the economy has started to rebound and shows signs of continued growth in the year ahead. Q2 2017 Vistage CEO Confidence Index highlights include: Fifty-nine percent of CEOs reported that the economy had recently improved, compared to 42% last quarter and 27% one year ago. The outlook for the economy was the same as last quarter, with 57% of CEOs stating that they expect the economy to continue to grow in the next 12 months. Forty-seven percent of firms said they expected...
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Q1 2017 Vistage CEO Confidence Index Results: CEO Economic Confidence Reigns

Q1 2017 Confidence Index   A rebound in CEOs’ perceptions of economic growth combined with a more favorable outlook for the economy has created a new optimism. The Vistage CEO Confidence Index was 106.9 in the 1st quarter 2017 survey, slightly above the 105.2 in last quarter’s survey, and well above the 3rd quarter reading of 91.4. Although the surge in optimism has thus far only restored confidence to the highs recorded following the Great Recession, the return of optimism to the highs of the past few years has meant that CEOs anticipate favorable trends in their revenues and profits. Q1 2017 Vistage CEO Confidence Index highlights include: Economic growth rebounds. 57% of CEOs expect the economy to post additional gains during the year ahead, more than twice the 23% who expected improvement a year ago. Robust hiring plans. 60% of all CEOs plan to expand their workforce in the year ahead. Record revenues and profits. 77% of CEOs expect increased revenue, and...
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Q4 2016 Vistage CEO Confidence Index Results: CEO Optimism Surges

CEOs expressed record increases in optimism about economic prospects following the election. The Vistage CEO Confidence Index jumped to 105.2 in the Q4 survey, up from 91.4 in the 3rd quarter, and the second-largest increase since 2003. The expected upsurge in business prospects have given a new urgency to finding, hiring, training, and retaining employees. This was the most significant and challenging issue voiced by CEOs in the latest survey. More than one-third of all firms expressed staffing and talent management as both their most significant current issue as well as their biggest challenge for 2017. Increases in investments and hiring represent a degree of confidence in the new president’s economic policies.   Q4 2016 Vistage CEO Confidence Index highlights include: 58% of CEOs expected the economy to improve during the year ahead, more than twice the 22% recorded in the 3rd quarter. 47% of CEOs plan to increase investments in the year ahead, reaching the highest level since the start of 2015. ...
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Vistage CEO Confidence Index For Q2 2016: CEO Optimism In The Economy Declined Across The Board

Small business owners reveal that hiring and retaining talent is the most significant business challenge, according to a quarterly survey by Vistage Worldwide. Vistage, a global organization, which assembles and facilitates private advisory boards for CEOs, conducts a quarterly survey covering a variety of small business topics. More than one-third of the 1,300 respondents cite staffing as the most significant issue they are currently facing, including identifying qualified candidates, hiring, retaining valuable staff members, and training. Additionally, CEOs note that their companies’ biggest barrier to innovation is talent, pointing to a common theme, and the importance of having a talent management & acquisition strategy in place. Below are some key highlights from the Q2 2016 Vistage CEO Confidence Index (all members surveyed): 83 percent note that their team is made up of multiple generations – college interns through employees nearing retirement. And half of respondents are planning to hire recent college grads. Due to the influx of millennial workers, nearly two-thirds of...
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Vistage CEO Confidence Index: CEO Optimism Declines in Q1 2016 – At Lowest Level In 3 Years

CEOs expressed greater concerns about the outlook for the domestic economy but remained upbeat about their own firm’s prospects in the Q1 2016 Vistage CEO Confidence Index survey. The Vistage CEO Confidence Index was 92.3 in the 1st quarter 2016 survey, down from 95.5 in the 4th quarter, and significantly below last year’s 105.8. Despite continuing economic and political uncertainty, more CEOs reported that finding, hiring, and retaining staff is the most significant business challenge they now face. With a tighter labor market, higher wages and benefits to secure key personnel may be needed. Given the still weak global economy as well as the sharply different economic policies favored by the presidential candidates, smaller firms have remained the engine of economic growth. Below are some key highlights from the Q1 2016 Vistage CEO Confidence Index (all members surveyed): 54% of CEOs plan to expand their workforce in the year ahead. 32% of CEOs said the single most important issue they faced was finding,...
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Vistage CEO Confidence Index: Overall Optimism Slips In Q4 2015

  The quarterly Vistage Confidence Index is now available. A Look Back and 4 Musts for Business Leaders in 2016: http://youtu.be/IhBoHf3ygQY CEOs expressed somewhat greater concerns about the outlook for the domestic economy but remained upbeat about their own firm’s prospects in the Q4 2015 Vistage CEO Confidence Index Survey. Overall, the data does not indicate that confidence is on a downward slide but is simply moving sideways at high levels. The well-worn pattern of uneven economic growth has produced periods of growing optimism followed by the realization that the economy will not deviate from the more modest growth rates established since the Great Recession. The Vistage CEO Confidence Index was 95.5 in the Q4 2015 survey, just below last quarter’s 96.3 and well below last year’s 107.5. Importantly, firms were slightly more optimistic about revenue and profit growth over the past few quarters, and more than half of all firms planned to expand their payrolls. These data indicate that firms still anticipate continued growth in their businesses. Indeed, the most significant challenge now faced by firms is finding, hiring, training, and...
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Vistage CEO Confidence Index: Optimism Tempered in Q3 2015

  The quarterly Vistage Confidence Index is now available. Vistage CEOs expressed somewhat greater concerns about the outlook for the domestic economy largely due to uncertainties about international conditions, volatile and declining stock prices and the much debated Fed liftoff in interest rates. Despite these concerns, CEOs continued to be more optimistic about prospects for their own firms. The Vistage CEO Confidence Index was 96.3 in the 3rd quarter 2015 survey, down from 99.0 in the 2nd quarter and last year’s 103.4. The cumulative gains that could have been anticipated during long expansions have not occurred.   While the recent slide in confidence is of concern, the data thus far indicate that most firms now expect a continued slow pace of economic growth. Revenue and profit growth were judged slightly better than last quarter, and firms still plan to expand their payrolls as well as increase their planned fixed business investments to be better able to profit from sales growth in the future. Below are some key highlights from...
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Vistage CEO Confidence Index: Concern Due To Economic Slowdown In Q2 2015

  The quarterly Vistage Confidence Index is now available. CEOs concerned by slowdown in economic growth. The 1,434 U.S. CEOs surveyed from June 8-17, 2015 in the Q2 2015 Vistage CEO Confidence Index expressed greater concern about the dismal pace of 1st quarter growth in the economy, and more importantly, did not anticipate the same strong rebound as occurred last year. The Vistage Confidence Index was 99.0 in the 2nd quarter of 2015, below the 1st quarter’s 105.8 and last year’s 101.0. The recent economic weakness was due to temporary factors, including a harsh winter, a port strike, and a surging dollar. Even though most CEOs anticipate continued economic growth, there is a widespread sense that the economy is still vulnerable.  The recent decision by the Fed to hold interest rates near zero also reflected that same potential vulnerability. As a result, firms anticipated slightly less growth in their sales revenues and profits, and planned on adding slightly fewer workers to their payrolls and marginally reducing...
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Vistage CEO Confidence Index: Optimism Among Small Firms At Highest Level In 3 Years In Q1 2015

  The quarterly Vistage Confidence Index is now available. Confidence among CEOs has remained higher for a longer period than at any other time in the past ten years, according to a survey of 1,541 small- to mid-sized business owners. The survey, which took place from March 9 to March 18, 2015, provides a clear snapshot of current economic, market and industry trends. The Vistage Confidence Index was 105.8 in the 1st quarter of 2015, between the 107.5 in the 4th quarter and 101.3 in the 1st quarter of 2014. The recent survey represented the eighth consecutive year-to-year increase, a new record for the persistence of optimism. The small 1st quarter loss involved all components, although none registered a significant decline. The stability in CEOs’ confidence stands in sharp contrast to the slowdown in the pace of economic growth at year-end, which has persisted into the 1st quarter of 2015. Below are some key highlights from the Q1 2015 Vistage CEO Confidence Index (all members surveyed): 61%...
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