The Conference Board

CEO Confidence Increased Slightly in Q2 2024

Retrieved on: 
torsdag, maj 9, 2024

NEW YORK, May 9, 2024 /PRNewswire/ -- The Conference Board Measure of CEO Confidence™ in collaboration with The Business Council rose to 54 in Q2 2024, up from 53 in the previous quarter. This marks the second consecutive quarter in which the Measure is above 50, indicating that CEOs are cautiously optimistic following two years of gloom. (A reading above 50 reflects more positive than negative responses.) A total of 136 CEOs participated in the Q2 survey, which was fielded from April 15 through 29.

Key Points: 
  • NEW YORK, May 9, 2024 /PRNewswire/ -- The Conference Board Measure of CEO Confidence™ in collaboration with The Business Council rose to 54 in Q2 2024, up from 53 in the previous quarter.
  • A total of 136 CEOs participated in the Q2 survey, which was fielded from April 15 through 29.
  • Regarding expectations for their own industries, fewer CEOs expect conditions to worsen, while 46% think conditions will be the 'same.'"
  • Employment: 33% of CEOs expect to expand their workforce over the next 12 months, down slightly from 35% in Q1.

The Economic Value of Better Heart Health

Retrieved on: 
måndag, maj 6, 2024

“Both the monetary and non-monetary contributions of seniors are vital for supporting our communities,” said Tony Bonen, Director of Economic Research at The Conference Board of Canada.

Key Points: 
  • “Both the monetary and non-monetary contributions of seniors are vital for supporting our communities,” said Tony Bonen, Director of Economic Research at The Conference Board of Canada.
  • “However, most analyses of senior health predominantly focus on minimizing their cost to society, while overlooking the broader economic and social value that healthy seniors provide.”
    With life expectancy on the rise, the senior population is experiencing significant growth.
  • Concurrently, the number of seniors over 65 years old with HVD, a treatable condition prevalent in older adults, is increasing.
  • The collective incremental economic contributions from healthier, longer-living seniors, that might otherwise be limited by HVD, are significant.

CED Issues Statement on 2024 Social Security and Medicare Trustees Reports

Retrieved on: 
onsdag, maj 8, 2024

NEW YORK, May 8, 2024 /PRNewswire/ -- Today, John Gardner, Vice President, Public Policy at the Committee for Economic Development (CED), the public policy center of The Conference Board, released the following statement:

Key Points: 
  • NEW YORK, May 8, 2024 /PRNewswire/ -- Today, John Gardner, Vice President, Public Policy at the Committee for Economic Development (CED), the public policy center of The Conference Board, released the following statement:
    The 2024 Social Security and Medicare Trustees reports demand action: The Debt Crisis is here, and Congress must urgently act to address the solvency of the Trust Funds.
  • While stronger-than-expected economic growth in 2023 slightly improved the financial projections for these programs, long-term demographic changes pose structural challenges for vital retirement and healthcare benefits for seniors and the disabled.
  • We reiterate our call for a bipartisan Congressional Commission on Fiscal Responsibility to consider comprehensive and sustainable solutions and urge Congress to adopt solutions both to avoid the short-term insolvency of the Social Security OASI Trust Fund and put the Social Security and Medicare Trust Funds on sound financial footing to preserve these crucial programs for current beneficiaries and future generations of Americans.

Survey: Workers Who Jumped Ship During COVID Are Now Regretting It

Retrieved on: 
måndag, maj 6, 2024

NEW YORK, May 6, 2024 /PRNewswire/ -- The Great Resignation saw workers quit their jobs in droves—but many are now regretting it.

Key Points: 
  • NEW YORK, May 6, 2024 /PRNewswire/ -- The Great Resignation saw workers quit their jobs in droves—but many are now regretting it.
  • While overall job satisfaction remained virtually unchanged—ticking up 0.4 points to 62.7%—every individual driver of job satisfaction declined.
  • The largest declines were primarily in financial benefits such as bonuses, hard base benefits, wages, and promotions—underscoring the sting of stubborn inflation.
  • "While wages and key benefits still matter, workers were more focused on positive work culture and experience.

The Conference Board Employment Trends Index™ (ETI) Decreased in April

Retrieved on: 
måndag, maj 6, 2024

NEW YORK, May 6, 2024 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) decreased in April to 111.25, from a downwardly revised 112.16 in March. The Employment Trends Index is a leading composite index for employment. When the Index increases, employment is likely to grow as well, and vice versa. Turning points in the Index indicate that a change in the trend of job gains or losses is about to occur in the coming months.

Key Points: 
  • NEW YORK, May 6, 2024 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) decreased in April to 111.25, from a downwardly revised 112.16 in March.
  • The Employment Trends Index is a leading composite index for employment.
  • "The ETI fell in April, a sign that employment growth could stall in the second half of 2024," said Will Baltrus, Associate Economist at The Conference Board.
  • The Employment Trends Index aggregates eight leading indicators of employment, each of which has proven accurate in its own area.

US Consumer Confidence Retreats in April

Retrieved on: 
tisdag, april 30, 2024

NEW YORK, April 30, 2024 /PRNewswire/ -- The Conference Board Consumer Confidence Index® deteriorated for the third consecutive month in April, retreating to 97.0 (1985=100) from a downwardly revised 103.1 in March. Despite these three months of weakness, the gauge continues to move sideways within a relatively narrow range that's largely held steady for more than two years.

Key Points: 
  • "In the month, confidence declined among consumers of all age groups and almost all income groups except for the $25,000 to $49,999 bracket.
  • In April, households with incomes below $25,000 and those with incomes above $75,000 reported the largest deteriorations in confidence.
  • However, over a six-month basis, confidence for consumers earning less than $50,000 has been stable, but confidence among consumers earning more has weakened."
  • The Conference Board publishes the Consumer Confidence Index® at 10 a.m.

Canada’s Innovation Report Card: A Call to Action

Retrieved on: 
torsdag, april 11, 2024

The research gave Canada a “C” in national innovation ranking.

Key Points: 
  • The research gave Canada a “C” in national innovation ranking.
  • “The results are sobering and confirm a trend that has long been discussed by experts across the country,” said Alain Francq, Director of Innovation and Technology at The Conference Board of Canada.
  • The top challenges in Canada include chronically declining levels of business R&D, low levels of intellectual property ownership and weak industrial competitiveness.
  • The report measures Canada’s innovation ranking against 20 peer nations using 21 indicators.

The Conference Board Named a Best Company to Work for in New York

Retrieved on: 
fredag, april 19, 2024

NEW YORK, April 19, 2024 /PRNewswire/ -- The Conference Board, a leading non-profit think tank and business membership organization, has been named one of New York's Best Companies to Work for in 2024.

Key Points: 
  • NEW YORK, April 19, 2024 /PRNewswire/ -- The Conference Board, a leading non-profit think tank and business membership organization, has been named one of New York's Best Companies to Work for in 2024.
  • The recognition was given by the Rochester Business Journal, Best Companies Group, and the New York State Society for Human Resource Management.
  • Best Companies to Work for in New York is a research-driven program that examines a company's practices, programs, and benefits and surveys its employees for their perspectives.
  • "The 2024 Best Companies to Work for in New York demonstrate the importance of employees feeling appreciated, engaged, and successful.

CED Announces Recipients of Its 2024 Distinguished Leadership Awards

Retrieved on: 
torsdag, april 18, 2024

NEW YORK, April 18, 2024 /PRNewswire/ -- Today, the Committee for Economic Development, the public policy center of The Conference Board (CED), announced the outstanding business leaders and their companies that will be receiving the 2024 CED Distinguished Leadership Awards.

Key Points: 
  • NEW YORK, April 18, 2024 /PRNewswire/ -- Today, the Committee for Economic Development, the public policy center of The Conference Board (CED), announced the outstanding business leaders and their companies that will be receiving the 2024 CED Distinguished Leadership Awards.
  • The 2024 Awards Celebration will be held on October 9, 2024, in New York City, where the honorees will be introduced by leading executives—all of whom are distinguished leaders in their own right.
  • This year's CED Awards Committee is co-chaired by Peter Altabef, Chair and CEO of Unisys; Byron Boston, Chairman and CEO of Dynex Capital, Inc.; and Dr. Lori Esposito Murray, CED Trustee and former President of CED.
  • CED is pleased to announce the recipients of the 2024 Distinguished Leadership Awards for Business Stewardship and Corporate Citizenship:

The Conference Board Leading Economic Index® (LEI) for the U.S. Fell in March

Retrieved on: 
torsdag, april 18, 2024

Indeed, rising consumer debt, elevated interest rates, and persistent inflation pressures continue to pose risks to economic activity in 2024.

Key Points: 
  • Indeed, rising consumer debt, elevated interest rates, and persistent inflation pressures continue to pose risks to economic activity in 2024.
  • The Conference Board forecasts GDP growth to cool after the rapid expansion in the second half of 2023.
  • The Conference Board Coincident Economic Index® (CEI) for the U.S. rose by 0.3 percent in March 2024 to 112.0 (2016=100), after a 0.1 percent increase in February.
  • The Conference Board Lagging Economic Index® (LAG) for the U.S. was unchanged in March 2024 at 119.0 (2016 = 100), after a 0.3 percent increase in February.