Chief executive officers’ outlook for their company and economy improved markedly in the first quarter from the end of 2010, the Business Roundtable First Quarter 2011 CEO Economic Outlook Survey shows.

Even more impressively, the accompanying Business Roundtable CEO Economic Outlook Survey Index increased to its highest point since the Business Roundtable launched the survey in 2002: a reading of 113, up from 101 in the fourth quarter of 2010. The index fell to its lowest point, -5, in the first quarter of 2009. Its previous high point was 104.35 in the first quarter of 2005.

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