CEO confidence drops into negative territory

Data: The Conference Board and The Business Council; Chart: Axios/Emily Peck CEO confidence in the U.S. economy sank into negative territory earlier this month, finds a survey out Thursday morning from the Conference Board . Why it matters: Business leaders are mind-melding with most consumers, whose opinions on the economy are now lower than during the pandemic . Such sour sentiment is shaping up as a key issue in the midterms just weeks away. Where it stands: The CEO Confidence Index fell to 4