Tax Revamp Drives Corporate CEOs’ Economic Outlook to 15-Year High

CEOs expect to increase spending and hiring, survey says, but tariffs are worrisome

Chief executives of America’s largest companies raised their outlook for spending, hiring and sales to the highest level in 15 years in the first quarter after the passage of the U.S. tax overhaul.

While the Business Roundtable CEO Economic Outlook Index reached its highest level in the survey’s history, the group’s leaders warned that recent U.S. trade policy could imperil the gains. The index is a composite of companies’ plans for capital spending and hiring, as well as projections for sales, over the next six months.


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