BREAKING: US CEO confidence has officially dropped to its lowest level in 13 years, falling 5 points over the last month. This marks the largest monthly decline in the history of the poll, according to Chief Executive Magazine surveying 220 US CEOs. The current business conditions assessment dropped 20%, to 5 points, the lowest since 2020. Furthermore, economic outlook for the next 12 months fell 28% to the lowest since November 2012. Only 39% of respondents now believe the business climate will improve this year, down from 52% at the beginning of the year. At the same time, 36% expect things to get worse, up from 20% in January. US executives are anxious about the economy.