Fourth Quarter Leeds Business Confidence Index On Tap

Colorado business leaders are invited to voice their opinion by becoming a panelist of the quarterly Leeds Business Confidence Index (LBCI). This forward-looking index gauges business leaders' opinions about national and state economic trends and how their industry will perform in the coming quarter. The fourth quarter survey will be open from September 1 until September 20.

Since its inception five years ago, Colorado business leaders have collectively identifed downturns in the economy resulting from our entry in Iraq in 2003, Hurricane Katrina, and the current downturn. Subsequently they also identified upticks in the economy.

After plunging to a record low in Q1 of 2009, the LBCI, compiled by the BRD, rose slightly in Q2 and surged upward from 35.5 to 47.5 for the third quarter of 2009. All six index components posted steep gains and two of the components passed the neutral mark of 50.