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Business Roundtable Q3 CEO Economic Outlook Index Signals Continued U.S. Slowdown

Published September 15, 2022 ■ Trends and Research

The Business Roundtable CEO Economic Outlook Index declined 12 points from last quarter to 84 in the third quarter, its long-run average and well above the expansion or contraction threshold of 50. This quarter’s decline reflects a continued reduction in chief executive officer expectations and plans for the next six months.

In their fourth estimate of 2022 U.S. real gross domestic product growth, CEOs projected 2.3% growth for the year. Plans for hiring decreased 11 points to a value of 78. Plans for capital investment decreased 11 points to a value of 75. Expectations for sales decreased 12 points to a value of 99.

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Ortoli | Rosenstadt: What Exactly Is a Seller Responsible for When Selling Its Staffing Firm?

Buyers of a business generally expect sellers to be responsible for certain liabilities relating to when the seller owned its business—a concept mergers and acquisitions professionals refer to as indemnification. Indemnification is one of the most heavily negotiated, and potentially most significant, provisions of a purchase agreement, and understanding the terminology common to such agreements is essential when negotiating a deal. Attorney Paul Pincus of Ortoli Rosenstadt LLP explains what sellers are liable for, how a seller’s liability may be limited, and how buyers may seek to fund potential indemnity claims.

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Business Roundtable Q3 CEO Economic Outlook Index Signals Continued U.S. Slowdown

Ortoli | Rosenstadt: What Exactly Is a Seller Responsible for When Selling Its Staffing Firm?

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