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 yearend,
which has persisted into the 1st quarter of 2015. Confidence
in the underlying strength of the economy has been maintained
undiminished despite a number of factors: a harsh winter, a tightening
labor market, rising wage pressures, weakening export demand, and
a pending shift in Fed policy. To be sure, some of these trends reflect
the growing strength of the U.S. economy. Overall, firms anticipate
that the economy will continue to make substantial progress, with
a resurgence in growth as the year progresses.
What are you doing to keep your company moving forward?
Follow these links for more information:
Marketing is the second section of five strategic areas for growth in the Vistage Executive Street 2015 forecast.
From the report: “ …smarter, more well informed and resourceful consumer who is empowered with information at their fingertips”
2015 Marketing Checklist –
So what’s in your 2015 marketing game plan?
Download the report here:
Remember these steps to get better results:
3q2014 Vistage CEO Confidence Index TJK
3q2014 Vistage CEO confidence index infographic
Confidence among CEOs reached its highest level in two years,
finally achieving a lift-off from its favorable holding pattern in the
last three quarters. The Vistage CEO Confidence Index was 103.4 in
the 3rd quarter 2014 survey, up from 101.0 in the 2nd quarter and
97.8 in last year’s 3rd quarter, and the highest level since 105.1 was
recorded in the 1st quarter of 2012. There is no greater indication
of confidence in future prospects than a firm’s willingness to
increase their fixed investment spending and to expand their
workforce. On both counts, firms reported the most expansive
plans since 2006.
Download the complete report here: 3q2013 Vistage CEO
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