Launched in the third quarter of 2020, the Director Confidence Index is America’s first monthly pulse survey of public company board members on their perspective of the economy and how policies and current events are affecting the companies they oversee. Every quarter, Corporate Board Member and Diligent partner to ask thousands of public company directors the same three questions regarding their confidence in the current business environment, their outlook for the economy 12 months from now, and their projections for their board company’s revenue, profit, capex and cash/debt ratio for the year ahead. Supplementing those three questions are questions on current events, as they pertain to corporate strategy and governance.
Participation in the poll is reserved exclusively for directors of publicly traded companies, across all sectors and market capitalizations.
The survey fields during the last week of the month and only remains open for 48 hours, thus making for a very timely assessment of sentiment. The data is then compiled and analyzed to establish trends and calculate the Index’s weighted averages. The results are released the following Thursday on BoardMember.com, with exclusive comments and insights from hundreds of participating directors. Unless otherwise explicitly agreed upon by the respondent, all responses are kept confidential to allow board members to share their perspective in a respectful, truthful, unbiased and collegial setting.
For more information about the Index and the different research programs we run, please contact our Research team at research@ChiefExecutiveGroup.com
After a surge in optimism in early summer, our October poll shows a diminishing proportion of board members expecting a recovery before the fall of 2024.
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.
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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