CNBC: Despite Election Chaos, CEOs Keeping Cool: Survey

US business leaders remain optimistic about the economy despite the presidential election, with small business owners being the most positive about future revenue.

Read the original at 1851 Franchise
CNBC: Despite Election Chaos, CEOs Keeping Cool: Survey

TL;DR

US business leaders remain optimistic about the economy despite the presidential election, with small business owners being the most positive about future revenue. According to a recent survey, 67% of small business owners are expecting increased revenue.

During the chaotic presidential election, U.S. business leaders have not been phased. According to a recent CNBC article, economic confidence among American chief executive officers remained steady last quarter despite the nature of the presidential election. U.S. CEO confidence was also in line with the YPO Global Pulse survey.

Those who are the most positive about the future of the economy were small business owners. Sixty-seven percent of survey respondents are expecting increased revenue, compared to 55 percent of large business owners.

"Despite uncertainty due to the U.S. presidential campaign, it's encouraging that business leaders remain optimistic about prospects for growth," said Steve Grubbs, founder of Victory Enterprises and regional communications officer for YPO's Central U.S. Region.

After looking at the YPO Global Survey, the regions that were the most confident in the world were the European Union, Australasia, and the United States. While the Brexit is providing plenty of uncertainty, EU business leaders bounced back with a little over two point increase.

In this story

This story was originally published in 1851 Franchise on November 1, 2016. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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