Thursday, March 21, 2019

A Softening of Global Economic Conditions

Business Roundtable President Joshua Bolten said in a report, "As we encounter a potential softening of global economic conditions, it’s all the more important to advance policies that will promote American innovation and strengthen the U.S. economy for the long term."

What prompted that statement?
Optimism among chief executive officers of large U.S. companies cooled for a fourth straight quarter amid greater uncertainty about global economic growth, a Business Roundtable survey showed.
The lobbying group’s CEO Economic Outlook Index fell 9.2 points to 95.2 in the first quarter, the lowest since the third quarter of 2017 though still above the gauge’s historical average.

Read more about how U.S. CEO optimism cools as global uncertainty dims outlook.

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