Private companies were markedly less optimistic about the economy in 4Q, but that didn’t translate into pessimistic forecasts or lower spending. In fact, more of them are planning M&A and capex activity, along with increased operational spending. And they’re still hiring, even if not in droves, as well as pursuing opportunities abroad. So, yes, private companies are somewhat spooked about the economy’s prospects, but are they skittish? Not at the moment.
At a glance: Optimism dips, but planned spending
is nonetheless on the rise
Private companies cast a wary eye at the
economy, though most aren't outright pessimistic
Help wanted, but not tons of it