Optimism Among U.S. Chief Executives Fell in Second Quarter

Optimism among U.S. chief executive officers fell in the second quarter from a record high as fewer business leaders projected sales will climb, a survey showed.

The Business Roundtable’s economic outlook index decreased to 109.9 for the April through June period from a 113 reading in the previous three months that was the highest in data going back to 2002, the Washington-based group said today. Figures greater than 50 coincide with an economic expansion.