Atlas Arteria boss Graeme Bevans says the US does not appear to be heading into recession after returning from Chicago to check out the company’s new $3 billion acquisition, the Chicago Skyway.

“It’s certainly not a recessionary environment,” Mr Bevans told The Australian Financial Review after Atlas Arteria delivered a 47 per cent jump in full-year net profit to $241 million. “Business confidence is high, employee confidence is high.”