Colorado business leaders surveyed for the Leeds Business Confidence Index pushed up their expectations for the Colorado economy by more than nine points in 2012, from a Q4 2011 reading of 49, which indicates negative growth, to 58.4 for Q1 2012. An index reading of 50 or above indicates economic expansion. The index, a quarterly test of confidence conducted by the CU Boulder Business Research Division, measures confidence in six categories: national economy, state economy, industry sales, industry profits, hiring plans and capital expenditures. Business confidence improved for all those metrics in the Q1 2012 survey, the research division reported.
For the full report click http://leeds.colorado.edu/asset/brd/lbci2012q1.pdf