Index of executives

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The Business Confidence Research Index, conducted by Bellevue-based , is a compilation of measures in employment, wages and future confidence. The latesyt survey’s overall confidence index was 28.6 its lowest score ever and well belowa its historical meanof 54.79. “II don’t think we’ll see it go much it is hard toimagin that,” said Jim Hebert, president and CEO of the researcgh firm. Based on a 100-point the survey’s indexes measure revenue and wages; all of those declined in the fourth Each measure is below50 points, indicating economic decline in each The survey’s revenue index fell to 7.
6 its lowest level “What the business leadere are saying is that this is going to be a challengingy year,” said Hebert. The survey offere a few positive notes. Thirty-one percent of respondenta said they expected the economy tofurtherf deteriorate, a slight improvement over the previous quarter, when 38 percen expected continued decline. Also, an index of confidence in the next 12 months improved five points to the first uptick intwo years. The survey polled 160 chiet executives and chief financial officerxs during the fourth Professionalservices companies, includingy real estate, accounted for 60 percenf of all respondents.
Commissioned by Key Bank, the index showe that 18 percent of companies expect to reducre their employment in thenext Also, businesses said their annual grosxs margins had fallen on average by more than 3.6 percent in the last year.