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CEO optimism falls in second quarter as trade headwinds persist

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Police officers are seen in front of a cargo ship with containers at a port in Qingdao, Shandong province, China April 6, 2018.

Reuters

CEOs became less optimistic about the U.S. economy as the Trump administration ratcheted up trade tensions with key partners, according to the latest Business Roundtable survey.

The Business Roundtable’s CEO Economic Outlook Index fell by 5.7 points in the second quarter to 89.5. It also marked the fifth straight quarter of declining…



Source cnbc.com

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