A recent survey by Fortune and Deloitte found that CEOs from top companies worldwide are feeling increasingly optimistic about the global economy, with 42% describing themselves as “optimistic” or “very optimistic.” The survey’s results suggest that business-friendly Republicans winning control of all branches of the federal government has sparked renewed confidence among executives.
The top priorities for CEOs include investments in artificial intelligence (47%), tax policy (66%), and access to credit (58%). Only 5% of CEOs rank climate and sustainability as one of their top three investment priorities, despite 62% viewing it as a risk. The survey also found that CEOs are more divided on the labor market, with 28% leaning towards seeing opportunities and 26% expressing concerns.
The results show that business leaders are shifting focus to expanding into new areas favored over transforming core operations. However, the survey also highlights several red flags, including concerns about international trade and tariffs (73%), geopolitical instability (63%), and healthcare (40%). The incoming administration’s plans for mass deportations of undocumented migrants could impact industries reliant on foreign workers.
Overall, the survey suggests that business leaders are embracing a more optimistic outlook under the new administration.
Source: https://fortune.com/2024/12/11/fortune-500-ceo-survey-donald-trump-ai-tariffs-taxes-geopolitics