Latest survey reveals heightened optimism that the worst is now behind us, as directors bet on stabilizing conditions to permeate business in the months ahead.
More than half of directors polled now believe that if a recession does still happen in the U.S. this year, it will be mild and short-lived.
While three-quarters of U.S. public companies are already integrating AI technology into their operations, only 15 percent of board members we polled said they understood the benefits and risks of doing so.
May reading of director confidence shows directors’ confidence in business conditions 12 months from now back to pre-bank crisis level, at highest point in more than a year.
April reading of director confidence shows a reversal from March’s sharp SVB-led decline, though directors say they still don’t expect conditions to improve much over the next 12 months.
After significant back-to-back increases in January and February, directors’ outlook for business 12 months out slipped this month amid growing signs of economic headwinds.
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