- October 1, 2021
- Posted by: Stratford Team
- Category: Business
After months of projecting confidence that Colorado’s economy will be in full bounce-back mode by late 2021, state business leaders are now tempering their expectations heading into the fourth quarter.
The University of Colorado Boulder Leeds Business Research division’s quarterly Business Confidence Index, released Thursday, indicates that while leaders still have a positive impression of most aspects of the economy, concerns over the national business climate are dragging down overall confidence.
The quarterly report marks Colorado business leaders’ expectations for the state and national economies, industry sales, industry profits, hiring and business spending. More than 260 business leaders responded to the latest survey, run between Sept. 1 and Sept. 20.
The LBCI score heading into the fourth quarter was 56.1, down 11.2 points from the record high recorded during the previous period. A score of 50 is considered neutral and the index stood at…