Utah business leaders staying optimistic

Published: Tuesday, May 22, 2007 12:14 a.m. MDT
 |  E-MAIL | PRINT | FONT + - 
Utah's business leaders say they're still optimistic about their future, according to new results from Zions Bank's Utah Quarterly Economic Forecast.

Research firm Dan Jones & Associates polled a panel of business leaders April 2-24. Respondents rated their mood on a scale of one to 10, from very pessimistic to very optimistic, with the mean score a 7.49.

"Business executives in Utah remain optimistic about their company's future, even as concerns regarding gasoline prices, inflation, finding qualified employees and the cost of wages continue to grow," Pat Jones, co-owner of Dan Jones & Associates, said in a prepared statement. "Increasingly, keeping qualified employees is becoming a major concern."

Based on profits and losses over the past three months, 29 percent of business leaders rated their level of optimism a 9 or 10, the report said. Slightly more than half, or 51 percent, said they thought the economic health of their companies will be somewhat or much better than it was in the previous three months.

However, the Zions report found that the percentage of panelists who felt their company's economic health will be somewhat worse or much worse has slowly been increasing during the 12 months that this study has been conducted. Further, the latest poll found that concerns are growing in nine out of eleven categories.

Story continues below

Finding qualified employees, health insurance costs for employees, and keeping qualified employees continued to rank among the top concerns for executives.

Comments

You can be the first to comment on this story.

previousnext

Latest comments

I am confident that Glen Beck has the read the book by Gary Allen,NONE DARE...

The best thing we could do would be to get rid of all the people in DC who...

He would not pull out a whip, that's for sure. You people must read a...

Jazz brass debate Millsap match

i havent read anything about 20 mil. i read 32 to 36 mil not confirmed. 15...

Enter comment Introduzca comentario ¡¡Por Dios!! Esto no es cosa del...

When I was 16, I thought the world of my seminary teachers. They all talked...

Girls/Ladies/Women, let me first introduce reality into this discussion. In...

Obviously you don't get my point. They were non-violent resisters. They were...

PRESIDENT CLINTON was guilty of the SAME KIND OF CRIME. An older man in a...

Ah, The Religion of Peace! :-)

Advertisements