CEO Sentiment Improves Heading Into 2024, New Survey Finds

In the first estimate for next year, CEOs forecast that the economy will expand by 1.9 percent, averting a recession and potentially realizing the soft-landing prognostication. Plans for capital investment tumbled by seven points. Despite a slowing economic landscape, more chief executives plan to add workers in the coming months, although not at the pace witnessed during the jobs boom of the last few years. “The results of this quarter’s survey are consistent with an economy that is cooling and the Federal Reserve’s strategy to bring inflation back to target,” said Business Roundtable CEO Joshua Bolten. At the final monetary…