baby直播app business leaders are more optimistic than they were three months ago, and they鈥檙e gaining confidence in the national economy despite being slightly less rosy about the state economy, according to the (LBCI).
The latest LBCI survey, released today, reports on baby直播app business leaders鈥� expectations heading into 2018.
Looking at the first quarter of the year, all of the LBCI components are above 50, meaning business leaders are feeling positive. Their feelings are holding at those levels for the second quarter of the year.
鈥淲e are really seeing businesses reacting more to the national picture in the survey than the state picture,鈥� said Leeds School Business Research Division Executive Director Richard Wobbekind.
He said two quarters of gross domestic product growth and the anticipation of tax cuts played into the optimism.
鈥淭hey (businesses) are a little bit less optimistic about baby直播app, largely based, I believe, on the lack of a labor force,鈥� said Wobbekind.
- Business confidence pivoted higher ahead of the first quarter of 2018.
- Every LBCI category is in positive territory (above 50) going into the new year.
- Expectations for the state economy marked the only category reflecting lower optimism.
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- Learn more about the Business Research Division.
In November 2017, the state unemployment rate stood at 2.9 percent, well below the national average.
More LBCI respondents (39.2 percent) believe that the state economy will expand in the first quarter of 2018 than expect a decline (9.6 percent). More than half (51.3 percent) remain neutral.
Only 15 percent of respondents say they are actively replacing workers with technology, but according to Wobbekind, baby直播app鈥檚 low unemployment rate could push that number upward in 2018.
Respondents who said they were likely to replace workers with technology described IT, software, GIS and automated manufacturing equipment among the substitutes.
The LBCI has measured baby直播app business leaders鈥� opinions about baby直播app and industry trends for the coming quarter since 2003. The index captures expectations for the national economy, state economy, industry sales, profits, hiring plans and capital expenditures.
