The CEO Confidence Index, Chief Executive's, monthly gauge of CEOs'expectations for business conditions over the next 12 months, stayed relatively flat in August, falling just 0.4 percent from July to 5.82 out of a possible 10. The Index has fallen more than 4 percent since June when it reached a two-year high of 6.09, a number that had not been seen since May 2011. The Current Confidence Index, which provides a snapshot of CEOs' perceptions of current conditions, rose 1.3 percent from the previous month to 5.58. This marks the 46th consecutive month (since November 2009) that CEOs' ratings of future conditions is greater than their rating of current conditions, indicating an optimism that the economy and business conditions will continue to improve.
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