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University Of Colorado Boulder: Colorado Business Confidence Remains At Record High
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Survey finds Colorado business confidence remains at record levels ahead of third quarter | Kiowa County Press
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Colorado Business Leaders Are Feeling Better About Nearly Everything, But Hiring Is Still A Challenge
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Published Tuesday, April 6, 2021
by Derek Draplin | The Center Square
(The Center Square) - Confidence among Colorado s businesses increased sharply ahead of 2021 s second quarter, according to a recent survey.
The Leeds School of Business at the University of Colorado Boulder conducted the
survey, which uses the Leeds Business Confidence Index (LBCI) to measure Colorado business leaders expectations for the national economy, state economy, industry sales, profits, hiring plans, and capital expenditures.
(c) iStock - Dan Rentea
The index went up 16.5 points going into the second quarter to 64.4 points, up from 47.9 points in the first quarter.
The increase in confidence is largely due to the pace of vaccinations and the expectations about easing economic restrictions, the index said.