The business community’s exuberance about the U.S. business climate has diminished considerably since last year. Only 34 percent of the business executives who responded to our ninth annual
Business Outlook Survey expect business conditions in the U.S. to improve this year. Last year, nearly 80 percent predicted improvement.
Some of the words repeatedly used by our respondents are: uncertainty, volatility and chaos. As one executive said, “Uncertainty is not good for business…” It is noteworthy that 65 percent expect business conditions in their own organizations to improve.