On March 12, 2025, the Business Roundtable released its CEO Economic Outlook Survey for the 1st Quarter of 2025. Notable excerpts from this release, titled “Business Roundtable Economic Outlook Index Dips Modestly“:
The overall Index dipped modestly by seven points from last quarter to 84, roughly at its historic average of 83. The small dip is the result of decreases in all three subindices and reflects moderation in CEO plans and expectations.
also:
In their second estimate of 2025 U.S. GDP growth, CEOs projected 2.5% growth for the year.
“The modest dip in the CEO Economic Outlook Index is tied to several factors, including signs of economic headwinds and an atmosphere of uncertainty in Washington,” said Business Roundtable CEO Joshua Bolten. “Congress and the Administration can help turn the tide by moving swiftly to strengthen the Tax Cuts and Jobs Act (TCJA) and make the reforms permanent; scaling back overreaching regulations; reforming the permitting system; and avoiding the use of overly-broad, long-lasting tariffs.”
On February 20, 2025, The Conference Board released the Q1 2025 Measure Of CEO Confidence. The overall measure of CEO Confidence was at 60, up from the previous reading of 51. [note: a reading of more than 50 points reflects more positive than negative responses]
Notable excerpts from this Press Release include:
“Accompanying Q1’s surge in confidence, CEOs also reported an easing of concerns regarding a range of business risks,” said Roger W. Ferguson, Jr., Vice Chairman of The Business Council and Chair Emeritus of The Conference Board. “Compared to Q4 2024, fewer CEOs ranked cyber threats, regulatory uncertainty, financial and economic risks, and supply chain disruptions as high-impact risks. The one exception was geopolitical instability, which 55% of CEOs in Q1 saw as a high-impact risk to their industry—up from 52% last quarter.”
_____
Additional details can be seen in the sources mentioned above.
_____
I post various economic forecasts because I believe they should be carefully monitored. However, as those familiar with this site are aware, I do not necessarily agree with many of the consensus estimates and much of the commentary in these forecast surveys.
_____
The Special Note summarizes my overall thoughts about our economic situation
SPX at 5599.30 as this post is written
No comments:
Post a Comment