IT Management Slideshow: CEO Confidence Shows Sharp DeclineBy Dennis McCafferty | Posted 07-12-2012
47 is the latest confidence reading of CEOs, down sharply from a score of 63 early this year.
Just 17% of CEOs say conditions have improved compared to six months ago, down significantly from 67% early this year.
Only 22% of CEOs say conditions have improved for their own industries, down from 42% early this year.
Just 20% of CEOs expect overall economic conditions to improve over the next six months, compared to 59% who felt this way early this year.
Only 25% of CEOs expect conditions to improve within their own industries over the next six months, down from about 44% early this year.
In the Black
64% of CEOs expect increases in profits over the next 12 months.
Top Profit Drivers for Immediate Future
â¢ Market growth (as cited by 46% of survey participants)â¢ Cost reductions (29%)â¢ New technologies (15%)