The quarterly Vistage Confidence Index is now available.
Confidence among CEOs reached its highest level in ten years in the Q4 2014 Vistage CEO Confidence Index survey. The gain
in the closing quarter of 2014 was largely due to more favorable assessments of the current state of the economy as well as more favorable prospects for economic growth during the year ahead. The Vistage Confidence Index was 107.5 in the 4th quarter of 2014, up from 103.4 in the 3rd quarter and 101.5 in last year’s 4th quarter, and the highest level since 109.8 was recorded in the 1st quarter of 2005. The data indicate that most firms believe the economy has made substantial progress and will continue to grow in 2015.
Below are some key highlights from the Q4 2014 Vistage CEO Confidence Index (all members surveyed):
- 63% of CEOs said the economy has improved in the past year–the highest since the Q4 2004 survey.
- 49% of CEOs expect the economy to improve in the next year, up from 38% in last quarter’s survey.
- 62% of CEOs anticipated expanding their workforce in the year ahead, the highest level since 64% was recorded in Q1 2006.
- 77% of all CEOs expected their revenues to increase in the year ahead, the highest level since 2006.
- 62% of CEOs expected profits to increase in the year ahead.