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- Optimism about the economy spiked among US CEOs to start the year
- Business Roundtable's quarterly CEO sentiment report jumped by 11 points in the first quarter.
- It climbed above its long-run average for the first time in two years.
America's top brass is suddenly feeling more upbeat about the economy.
A new report from Business Roundtable that measures CEO sentiment showed that the gauge moved above its historical average for the first time in two years, spiking 11 points quarter-over-quarter to 85. The report also showed CEOs expect hiring, capital investment, and sales to all increase in the coming six months.