- July 7, 2021
- Posted by: Stratford Team
- Category: Business
Colorado business leaders continue to show record optimism about the state economy, according to the latest edition of the University of Colorado Boulder’s Leeds Business Confidence Index (LBCI) for the third quarter of 2021.
The report, released by the Leeds Business Research Division at the Leeds School of Business, measures Colorado business leaders’ optimism and expectation for six components: state economy, national economy, industry sales, industry profits, industry hiring and capital expenditures.
Responses from a total of 250 panelists, surveyed from June 1-21, recorded strong positive perceptions in all six areas for the third quarter. The greatest optimism was recorded in the state economy (70.9), industry sales (69.6) and hiring (67.7). A score of 50 marks a neutral outlook.
The overall LBCI rose 2.9 points to 67.3 in the third quarter.
“The reopening of the economy, increased demand and decreasing COVID-19 cases in conjunction with a…
