By Joe Mueller | The Center Square
A survey of Colorado’s business leaders revealed their confidence is “tempered but positive” going into the third quarter of the year.
The Leeds Business Confidence Index, a report from the University of Colorado’s Leeds School of Business, found all measured components posted year-over-year gains heading into the second half of the year, but all components slipped from the second quarter of this year heading into the upcoming third quarter. The index examines the national and state economy, industry sales, profits, hiring plans and capital expenditures.
“Across the array of reasons given to explain their outlook, interest rates, election uncertainty, and sentiment were commonly cited as the most pressing factors,” according to the report.