Growing confidence in the U.S. economy is driving plans for expansion among the CEOs of privately held companies, according to a new survey by PricewaterhouseCoopers.
PwC US's latest Private Company Trendsetter Barometer found that 60 percent of private company CEOs are optimistic about the 12-month outlook for the U.S. economy, marking a year in which the majority of CEOs surveyed by PwC have consistently voiced this sentiment, the longest optimism streak since the recession. Previously, the longest stretch of sustained optimism since 2008 was the six-month period spanning 4Q 2010 and the 1Q 2011.
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