CEOs Optimistic About TheEconomy
DALLAS - (04/12/06) - Credit unions chief executives arefeeling increasingly positive about the current financial conditionand are expecting to see improvements over the next six months,according to most recent CU CEO Confidence Index, compiled bySouthwest Corporate FCU. The quarterly confidence survey rose to42.26 in April, up from just 33.44 in January. CEOs expressedsignificant confidence in several major categories, especially theperception of their members financial condition, which climbed to39.49 in April-the highest level in more than two years-from just22.90 in January. A growing number of CEOs also expect a short-termgrowth in shares, 28.34, up from 16.45 in January; and modestgrowth in loans, 29.30, from 28.39.