Despite the economy demonstrating resiliency in the first half of the year, Colorado Business leaders’ pessimism extended for another quarter ahead of Q3 2023, often citing interest rates, inflation, and general concerns about a recession. The Leeds Business Confidence Index (LBCI) captures Colorado business leaders’ expectations for the national economy, state economy, industry sales, profits, hiring plans, and capital expenditures. The index remained below 50 in the current survey (50=neutral) and was below the long-term average (53.6). The index fell from 45.1 in Q2 2023 to 44.1 ahead of Q3 but increased slightly looking out further to Q4 (44.6). Four of the six components of the index decreased ahead of the third quarter.
Leeds Business Insights Podcast:ÌýThe Politics of Truth
Assistant Professor Ethan PoskanzerÌýdiscusses his research onÌýwhy some voters support factually inaccurate statements.
The 5-Day Office Mandate: A Tipping Point for Employee Well-Being?
Large companies like Amazon and Dell are enforcing a return to office five days a week. Assistant Professor Christina LacerenzaÌýshares insights on the potential effects on employees.