Sacramento, July 9 -- Confidence among US business leaders has significantly declined in recent weeks as rising uncertainty over trade policies affects both large corporations and small businesses, according to two surveys released yesterday.
A quarterly survey conducted by Deloitte between June 4 and June 18 revealed that finance chiefs across North America sharply downgraded their outlooks amid growing concerns over the economy and geopolitical tensions.
The survey, which included 200 chief financial officers (CFOs) at companies with at least $1 billion in annual revenue, found that the overall CFO confidence score dropped to 5.4 in the second quarter, down from 6.4 in the first quarter.
Only 23% of CFOs rated the North American eco...