|CEO Institute Report March 2010|
The CEO Financial Index for March was 45, and extremely confident figure that was up on the previous quarter.
Its increase was largely driven by an increase in the numbers intending to invest in the coming six months. Last quarter employers were confident in hiring additional staff, which is a decision which can be relatively easily reversed. An increase in intention to invest is more solid and long-term, and is also probably related to increased expectations of higher profitability.
We also asked respondents about the Opposition's parental leave plan which was very solidly criticised.