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Re: Chief Executives in U.S. More Confident on Economy, Survey Shows

By: killthecat in FFFT | Recommend this post (0)
Tue, 04 Feb 14 7:45 PM | 53 view(s)
Boardmark this board | Food For Further Thought 		Msg. 60798 of 65535
(This msg. is a reply to 60797 by clo)
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Morning Clo:

I wonder if that survey was done before or after the December $10 billion QE taper.

What's your snow forecast, and how much did you get yesterday?


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The above is a reply to the following message:
Chief Executives in U.S. More Confident on Economy, Survey Shows
By: clo in FFFT
Tue, 04 Feb 14 6:51 PM 		Msg. 60797 of 65535

Chief Executives in U.S. More Confident on Economy, Survey Shows
By Katherine Peralta Feb 4, 2014

Confidence among U.S. chief executive officers rose in the fourth quarter to the highest level since April 2012 as more business leaders projected gains in sales and employment, a private survey showed.

The Young Presidents’ Organization sentiment index climbed to 63.5 from 60.5 in the previous three months. Readings greater than 50 show the outlook was more positive than negative.

“Unlike the last four years of halting expansion, which was led by a recovery in housing, this time economists believe that all four sectors of the economy -- consumer spending, investment, trade and government spending -- will contribute to a growth pickup of 3 percent or more in 2014,” Stephen Slifer, YPO Global Pulse economic adviser and chief economist at NumberNomics LLC, said in a statement.

more @ Bloomberg.com

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