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The Conference Board's measure of CEO confidence rose one point to 39 in the second quarter from 38 in the first quarter.
Less than 7% of CEOs said economic conditions had improved, according to The Conference Board's survey, but that's up from 3% in the first quarter. Twenty-four percent of CEOs expected economic conditions to improve in the next six months, up from 20% in the first quarter.
"CEOs continue to rate current economic conditions as unfavorable, and their short-term expectations suggest this slow growth environment will exist for the remainder of the year," said Lynn Franco, director of The Conference Board's consumer research center.