Top American business executives are now more confident about the prospects of the U.S. economy and are looking forward to working with the new Trump administration, according to the Business Roundtable, an association of more than 200 CEOs.
The CEO Economic Outlook Index rose by 12 points from the third quarter to 91 points in the fourth quarter, “the highest level in over two years and well above its historic average of 83,” according to a Dec. 10 statement from the association. All three subindexes of the index—plans for hiring, expectations for sales, and plans for capital investment—registered double-digit increases.
