Edit ModuleShow Tags

Survey shows dip in business leaders' confidence in the economy

Colorado business leaders’ confidence slipped into negative territory ahead of the fourth quarter of 2019


Published:

Illustration by Drew Thurston.

Colorado business leaders’ confidence slipped into negative territory ahead of the fourth quarter of 2019, according to the University of Colorado’s Leeds Business Confidence Index. It was the first pessimistic outlook recorded by the survey since the second quarter of 2011 and the lowest index value since the end of the recession. These sentiments coincide with ongoing trade tensions, an additional interest rate cut and increased political strain in the Middle East. The most commonly cited reasons by survey responses for the pessimism included trade, politics, the economy and uncertainty.

Produced by the University of Colorado’s Leeds School of Business Research Division, the Leeds Business Confidence Index captures Colorado business leaders’ expectations for the national economy, state economy, industry sales, profits, hiring plans and capital expenditures. Ahead of the fourth quarter of 2019, the index decreased to 46.9, with most components of the index falling below neutral (50). Looking further out to the first quarter of 2020, the index sank further, dropping to 44. A total of 263 qualified panelists responded to the survey from Aug. 30 through Sept. 20.

Edit Module

Get more content like this: Subscribe to the magazine | Sign up for our Free e-newsletter

Edit ModuleShow Tags

Archive »Related Articles

The Jeep Cherokee Trailhawk is a winning vehicle

Though the price tag on this 2020 Jeep may make you think twice, read why this vehicle is an all-around winner–both off and on the trails.

Why you should consider putting your CEO in the spotlight

Expert positioning is a facet of an overall PR strategy that builds visibility, credibility and recognition for the leadership of a company or organization. In other words, putting the CEO in the spotlight not only adds a voice to the company, but it gives a voice to the industry and earns them an authority position as a go-to expert in their field.

How to maintain business communication, connection in the wake of coronavirus

While we are at home scrambling to figure out what normal looks like right now for our businesses, taking care of ourselves and trying to keep our children occupied, we need to assess our virtual communication strategies. Here are some quick ideas on how to pivot your existing marketing plan with smart messaging that will benefit your business and your clients.
Edit ModuleShow Tags
Edit Module


 

Edit ModuleShow Tags
Edit Module
Edit ModuleShow Tags Edit ModuleShow Tags
Edit ModuleShow Tags Edit ModuleShow Tags
Edit ModuleShow Tags Edit ModuleShow Tags