CEO Confidence Drops in Europe
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International CEO Confidence

CEO Confidence Drops in Europe

28 November 2024 / Report

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  • CEO Confidence deteriorated globally, but the fall is steeper in Europe. In the US, the quarterly-published measure retains its positive momentum, deteriorating marginally, from 52 in Q3 2024 to 51 in Q4 2024. Meanwhile in China, overall confidence among China-based CEOs of US and European multinational companies (MNCs) declined from a cautiously optimistic 56 in H1 2024 to 49 in the second half of the year. All three surveys were completed before the US elections.
  • CEOs in our survey show overwhelming confidence in the positive impact Draghi’s recommendations would have for Europe’s businesses. Some 86% of CEOs in our survey express confidence that, if implemented under the new Commission’s term, the recommendations in the Draghi report, aimed at improving Europe’s economy and addressing its global competitiveness, will improve conditions for their industries.
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Author

Konstantinos Panitsas

Konstantinos Panitsas Konstantinos Panitsas

Economist
The Conference Board

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