Q1 2013 Business Barometer Results
Executive confidence improves as the “fiscal cliff” is avoided. CEB’s index of global business confidence experienced significant improvement in the first quarter of 2013. The reversal in sentiment is a result of increased optimism about revenue growth following the turn-of-year resolution of the “fiscal cliff” deadlock in the United States. Although executives in the United States are more optimistic than their colleagues in Asia and Europe, the sentiment of the latter inched up in Q1 as well. Despite the improvement in executive confidence, the hiring and investment outlook remains weak. US executives are equally split among those anticipating lower head count in the next 12 months and those expecting higher head count.