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 US CEOs say they are feeling optimistic about the economy for the first time in 2 years
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US CEOs are feeling upbeat about the state of the US economy, with optimism outweighing pessimism for the first time in two years, according to The Conference Board. The latest Measure of CEO Confidence showed a reading of 53 in the first quarter of 2024, up from 46 in the fourth quarter of 2023. Factors contributing to the positive outlook include reduced inflation, a robust labor market, and the potential for rate cuts. However, CEOs remain cautious about risks ahead, including the 2024 US presidential race, increased regulations, and elevated interest rates. Major global concerns for business include ongoing conflicts, deglobalization, and US-China tensions. CEOs also highlighted potential positive developments such as resolution to military conflicts, AI advancements, and potential rate cuts.

#UsCeos #UsEconomy #Optimism #TheConferenceBoard

https://www.businessinsider.com/us-ceo-economy-optimistic-first-time-two-year-inflation-labor-2024-2