Director Confidence In Economy Slides In September As Covid, Washington Fuel Uncertainty
New data collected by Corporate Board Member and Diligent Institute shows optimism among public-company director at its lowest level in a year.
New data collected by Corporate Board Member and Diligent Institute shows optimism among public-company director at its lowest level in a year.
July’s Director Confidence Index shows optimism on the decline for the third consecutive month amid board members due to concerns over inflation and the possibility of further Covid-related restrictions.
Our gauge of U.S. public company board member confidence is now just 3 percent above where it was last fall, before Covid-19 vaccines were released.
Among those against the idea, the most common reason is loss of competitiveness for U.S. companies.
U.S. public company board members’ optimism dropped at the end of Q2 amid fears that inflation will hamper growth in 2022.
U.S. public company board members’ optimism heading into the spring is increasingly tempered by worries over new taxes and regulations.