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International Business Times
International Business Times
Business
Matias Civita

CEOs Lose Confidence In Economy As Head Winds Drag On: Report

(Credit: Michael M. Santiago/Getty Images)

Chief executives at some of the world's largest companies are growing more pessimistic about the economy as the war with Iran rages on and consumer confidence continues to fall.

CEO confidence fell sharply in the second quarter, dropping 12 points to 47, according to a survey from The Conference Board and The Business Council. Any reading below 50 signals that negative views outnumber positive ones.

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