FYI: Business Roundtable today released its Q3 2019 CEO Economic Outlook Index – a composite of CEO plans for capital spending and hiring and expectations for sales over the next six months. This quarter, CEO plans waned likely due in part to growing geopolitical uncertainty, including U.S. trade policy and foreign retaliation, and slowing global economic growth.
The CEO Economic Outlook Index decreased 10.3 points from last quarter to a value of 79.2, which falls below the Index’s historical average of 82.7. While the lower index reading suggests some moderation in the pace of economic growth going forward, the Index remains within growth territory.
Regards,
Ted
https://www.businessroundtable.org/media/ceo-economic-outlook-index/ceo-economic-outlook-index-q3-2019
