GVB 4th Qtr Chico Business Confidence Survey is now available!
The Chico Business Confidence Survey is now available! The Survey is an indicator designed to measure the degree of optimism on the state of the local economy that business leaders are observing in their own day to day activities.
Here is a link to the survey:
The more confident business owners and managers feel about the local economy and their companies, the more likely we will experience economic growth in the future. Decreasing business confidence may imply slowing economic growth.
The Survey contains five questions and a Hot Topic. Combined responses to the questions will be assembled into a score from 0-100. Scores above 50 will indicate general optimism in the local economy while scores under 50 will indicate a pessimistic view of our local economic future. While stand alone quarterly scores will certainly be interesting, comparing scores from quarter to quarter will provide a good indication of where we are headed.
We’ll send you the results of the survey and make it available through Golden Valley Bank’s website and the Chamber of Commerce. Individual responses will be kept absolutely confidential by the Bank and not used for any other purpose whatsoever. Only composite scores will be released.
I hope you will take a few minutes to click on the link and answer the questions and lend more value to the overall results. If you have any questions or comments, please don’t hesitate to give me a call or send me an email.