Private companies are just as confident in the U.S. economy as they were prior to the recession, according to PwC U.S.’s Private Company Trendsetter Barometer survey released on Tuesday.
The survey of 256 CEOs found that 63% of executives at private companies say they're optimistic about the US economy over the next year, the highest level of confidence that chief executives have shown since the second quarter of 2007, and up 24 points from the third quarter of 2010. At the same time, optimism in the global economy increased, with 56% of private companies saying they are confident in global economic growth, compared with 43% in the previous quarter.
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