There is no indication that the recent volatility in global financial markets has meaningfully impacted business confidence. Sentiment remains steadfast at a nearly record high, where it has been since the start of the year. Asian businesses are the least upbeat, which is not surprising given that China’s growth slowdown is at the center of the volatility. American companies are especially optimistic, with sentiment about as strong as it has ever been in the nearly 13-year history of the survey. Businesses are reporting robust sales, sturdy pricing and ample credit. Investment and hiring are also healthy.