This quarter’s survey marks a remarkable turnaround from a year ago—when CEO confidence reached a nadir of 34 at the height of COVID-19’s first wave,” said Dana Peterson, Chief Economist of The Conference Board. “For CEOs, the challenge of navigating a once-in-a-century pandemic is receding, as the focus turns to hiring and investing to compete in an economy poised to see the fastest growth in decades over the months ahead.”
For more information about The Conference Board Measure of CEO Confidence™ please visit their website.
The Conference Board’s Salary Increase Budget Survey indicates that the average annual raise for current employees is accelerating. In 2022, salary increase budgets are estimated to be 3.9% – the highest rate since 2008. Due to the high wage growth