Confidence Suffers Again

Chief Executive (U.S.), September 2006 | Go to article overview
Save to active project

Confidence Suffers Again


CEO CONFIDENCE INDEX

CONTINUING a fall for the third month straight, Chief Executive's CEO Confidence Index dropped by 4.7 points to 157.9, according to 255 top executives surveyed this month. The drop, while not huge, continues a marked fall from May, when the leading economic indicator stood at 210.6. One CEO respondent, David Schmidtof Scan Health Plans noted, "[the] Economy seems to be in a holding pattern waiting for something to happen-either positively or negatively."

Chief Executive also compiles subindexes by combining the six questions that make up the index in various ways. All of these component indexes fell except the Investment Confidence Index, which rose by 2.3 points to 134.1. Over 43 percent of respondents said they expected to increase capital spending at their company over the next quarter.

The Employment Confidence Index led the pack of losses this month, falling by 10.2 points. It currently rests at 171.3. Almost 10 percent (9.4 percent) of respondents said they would characterize current employment conditions as "bad," and 17.6 percent of respondents said they expect employment to decrease over the next quarter.

This month, Chief Executive also conducted additional polling to discover personal characteristics about the men and women who lead the economy. They were asked to list their favorite book, their favorite activity for relaxation and their advice to the next generation of young entrepreneurs.

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited article

Confidence Suffers Again
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?