As reported earlier in April, CEOs nationally continue to voice optimism about their future financial prospects and plan to increase their investments and expand their labor force. Although the Vistage CEO Confidence Index retreated from the decade high recorded at year-end 2017, it remains quite favorable.
Here in Chicago, while CEO’s are still confident, expectations are a bit lower than nationally.
Below are Chicago Area Survey Highlights for Q1 2018 Vistage CEO Confidence Index Survey.
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30% of CEOs expect the economy to improve in the year ahead (vs. 35% nationally) |
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47% of CEOs expect to increase investments in the year ahead (vs. 51% nationally) |
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76% of CEOs expect to increase revenue in the year ahead (vs. 79% nationally) |
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52% of CEOs plan to expand their workforce in the next year (vs. 64% nationally) |
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52% of CEOs thought the national economy had improved in the past year (vs. 62% nationally) |
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58% of CEOs expect rising profits in the year ahead (vs. 66% nationally) |
Here is a link to the full report.
The initial results of my Pivot are excellent. I feel I have much greater clarity regarding the next 3-5 years.. 