Inc. staff

Economic Outlook

 

When asked about their expectations for the remainder of 2005 and 2006 as compared to 2004:

  • 47% of CEOs expect to see substantial growth in sales
  • 46% expect to see modest growth in sales
  • 3% expect sales to be about the same as 2004
  • 2% expect to see a substantial decline in sales
  • 2% expect to see a moderate decline in sales

 

CEOs were asked to rate the following factors on a scale from 1 (substantially better) to 5 (substantially worse), with 3 indicating no change:

  1. Current economic conditions in their industry versus six months ago - 2.57
  2. Expectations for their industry six months from now - 2.44
  3. Current economic conditions versus six months ago - 2.62
  4. Expectations for the economy six months from now - 2.62
  5. Current economic conditions in their business neighborhood and immediate surroundings versus six months ago - 2.76
  6. Expectations for their business neighborhood and immediate surroundings six months from now - 2.58

 

Overall, expectations were modest, but positive.

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