Thu 30 Jul 2009
Vistage, the world's largest CEO group (mostly small and mid-size business CEOs), takes quarterly surveys of its members to get a sense of what they feel about the economic climate. Since small and mid-size businesses employ 75% of the country's work force, this is a good indicator of how the nation's employers see things.
Good news! Confidence is on the rise for the second quarter in a row. It is now almost back to 2008 Q2 levels.
While this does not mean that the economy is out of hot water, it does suggest that businesses feel things are improving. Some more data points:
Download the complete CEO Confidence Index (2 page PDF file)