Biggest Untold Story Under Trump: The Surge In Optimism After 8 Years Of 'Hope-n-Change'

[rangerrebew]

Biggest Untold Story Under Trump: The Surge In Optimism After 8 Years Of 'Hope-n-Change'

More upbeat CEOs means more hiring in the near future. (© Andrey Popov/stock.adobe.com)

    3/14/2017
 
Economy:  We've been cataloging the sharp upturn in optimism since Donald Trump won the November election, and the Business Roundtable has just added a new one to the pile. Not that you'd know about from the endless media dirge.

The Business Roundtable survey of 141 CEOs — of some of the largest companies in the country — not only found these chief executives more optimistic, but made clear why: Trump's victory in November and the promise of relief from the anti-business agenda of the Obama years.

http://www.investors.com/politics/editorials/great-again-ceos-are-suddenly-in-a-hiring-mood/

[Right_in_Virginia]

Specifically, the survey found that 41% of those 141 CEOs say they plan to increase hiring in the next six months. That's up from 35% in the fourth quarter of last year.  Just 18% plan to trim jobs, down from 30% in Q4.

What's more, 46% say they plan to increase capital spending, also up from 35% and the end of last year. And 78% expect sales to rise in the next six months.

As a result, the Roundtable's overall CEO Economic Optimism Index shot up by 19.1 points to hit 93.3, marking the biggest increase in this index in nearly eight years.





http://www.investors.com/politics/editorials/great-again-ceos-are-suddenly-in-a-hiring-mood/