OC business executives’ outlook for the rest of this year rose to the highest since the second quarter of 2022, according to California State University, Fullerton economists led by Anil Puri.
The outlook index, known as the OCBX, climbed to 73.1 from 68.4 in the third quarter.
The OCBX index is a measure of the overall view of the economy. A reading of above 50 indicates confidence in future growth.
Two-thirds of those surveyed expect a recession of one sort or another, Â according to the survey.
The survey of just under 800 people was conducted from September 18-27, with a response rate of 7.5%.
