CEO Optimism Again Climbs In April Amid Soaring Vaccination Rate
They rate their confidence in the current environment a 7 out of 10
After a punishing year of COVID, civil unrest and the most bitter and divisive election in nearly a century, America’s CEOs are looking forward to something new: An economic boom.
After plateauing in March, CEO confidence in business conditions 12 months from now gained 3 percent in April to reach its highest level since May 2018. CEOs say the vaccine becoming widely available across the nation is fueling their optimism for a full reopening of the economy in the near term. Similarly, their confidence in the current environment jumped 11 percent from March, snapping back to pre-COVID levels.
Those are the key findings from Chief Executive’s latest poll of 164 U.S. CEOs, fielded from April 6-8. America’s chiefs say they are pleased with the vaccine rollouts, as greater vaccination rates will lead to the removal of restrictions on businesses and spark demand. They rate their confidence in the current environment a 7 out of 10, on our 10-point scale, and business conditions by this time next year a 7.3.
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