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CEO CONFIDENCE SURVEY Definition & Legal Meaning

Definition & Citations:

A monthly survey of one hundred CEOs across the United Sates in various industries. It is a measure of the economic future as seen by these CEOs. The data collected is their business concerns and their positions on where the economy is going. The survey is taken, the data analyzed, and the results are reported by the Conference Board. The survey includes questions on obstacles to hiring new employee, reasons for company layoffs, industry concerns, economic worries, and short-term/long-term outlooks on the economy. The questions target CEOs due to their oversight of big investment decisions that will have an effect on the economy as a whole. The survey results help give traders and investors insight and valuable data about upcoming economic conditions. A reading of 50 or higher from the results indicates that the CEOs included in the survey are more bullish in their outlook on the economy. Lower rating indicates a bearish outlook.

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