October 12, 2012

Business Confidence Index dips slightly for 4th quarter

BOULDER — The outcome of the presidential election and fiscal problems in Washington are weighing on the minds of Colorado’s business leaders, although they remain somewhat optimistic, according to a survey released Monday by the University of Colorado at Boulder’s Leeds School of Business.

CU’s quarterly Leeds Business Confidence Index found a score of 51.6 entering the fourth quarter, down from 53.6 three months ago. The index is a forward-looking measure of opinions about economic trends and what executives predict their companies will do in the upcoming quarter. A score greater than 50 indicates optimism, while a score less than 50…

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