A latest report by JPMorgan Chase, “2023 Enterprise Leaders Outlook: U.S.,” reveals a decline in financial optimism amongst U.S. executives, though there’s some hope in sight.
JPMorgan Chase’s annual and midyear “Enterprise Leaders Outlook” survey sequence, which started in 2011, provides executives of midsize firms throughout all industries in the US an outline of their alternatives and issues. The most recent survey befell between Nov. 29 and Dec. 13, 2022, with 791 respondents finishing the web questionnaire.
Based on the examine, solely 8% of leaders of midsize companies in the US are optimistic concerning the international economic system, down from 34% final 12 months. However not information is dangerous — 66% of the executives stay upbeat about their very own companies.
Since peaking in 2018, the proportion of midsize U.S. enterprise leaders who’re optimistic concerning the nationwide and international economies has progressively decreased.
Regardless of their pessimism concerning the broader economic system, most executives anticipate progress or stability in 2023 for their very own firms.
The Convention Board, Inc. is a worldwide nonprofit assume tank and enterprise group. It counts over 1,000 private and non-private companies and organizations as members, encompassing 60 nations.
From mid-November to mid-December 2022, The Convention Board surveyed members, inquiring about their native and international financial outlook — 670 CEOs responded. The Board revealed the ends in a January 12, 2023 report, “C-Suite Outlook 2023: On the Edge: Driving Development and Mitigating Threat Amid Excessive Volatility” (PDF).
Based on the examine, CEOs have little settlement on when their areas will resume financial progress.