U.S. CEOs’ Confidence Back at Pre-2007 Levels

Although the economic recovery is relatively slower in the U.S. than abroad, U.S. CEOs’ outlook has improved considerably, a survey by PricewaterhouseCoopers finds.

Three years after the start of the recession, U.S. CEOs’ short-term confidence has moved back in line with CEOs around the globe, with 56% of U.S. CEOs very confident about business prospects over the next three months.

CEOs who are “very confident” about prospects for revenue growth over the next 12 months rose to 45%, up from a mere 15% in 2008. The outlook is now closer to the 2006 level, when 53% were very confident about revenue growth.