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economy has dropped into negative territory, according to a survey released Thursday morning by The Conference Board.
The index fell to 46 in the most recent period, a decline from 52 just three months ago, marking a shift where business leaders' sentiment has aligned with consumers, whose economic opinions are now lower than during the pandemic.
The nonprofit Conference Board and The Business Council conducted the survey between Sept. 5, polling 131 Fortune 500 CEOs.
The index measures how chief executives at major public companies view current economic conditions and their expectations for the economy and their industries over the next six months.
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