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Confidence Index Success Stories
President, CEO ARMA Design San Diego |
The Voice of Main Street Business
The Vistage CEO Confidence Index is a compilation of responses from more than 2,000 CEOs of small- to mid-sized companies. The Vistage CEO Confidence Index began in Q1 2003 and is the largest and only comprehensive report of small and mid-size CEO opinions and projections.
......................................................................... Q4 2009 Vistage CEO Confidence Index™ 92 Percent of Small-Medium Business CEOs Say Washington Is Not Listening To Their NeedsVistage CEOs Say While Economic Conditions Are Improving, Government Regulations Threaten Their BusinessesSAN DIEGO (December 2, 2009) – Main Street CEOs are regaining economic confidence in their businesses, but 92 percent of them say Washington is not listening to the needs of small-to-medium-sized businesses, according to the Vistage CEO Confidence Index Survey for the 4th quarter. The CEOs are mainly concerned about the costs of healthcare legislation, increased taxes, regulatory burdens, and continued tightening of credit. While the economic barometer in the Q4 2009 Vistage CEO Confidence Index Survey rose to 87.9, up from 84.9 in the 3rd quarter of this year, CEOs are worried that new federal rules will affect the cost of doing business, their ability to expand, and the strength of demand for their products and services. “CEOs have confidence in their own businesses but not in the government’s support for their businesses. Small-medium businesses account for 75 percent of new jobs, 50 percent of our GDP, and most of our entrepreneurship and innovation, it’s troubling that 92 percent of their CEOs don’t believe Washington is listening to their needs,” says Rafael Pastor, Chairman of the Board and CEO of Vistage International, a non-partisan, non-advocacy membership organization of nearly 10,000 CEOs and senior executives in the United States. “Our CEO members are confident their businesses will come out of this economic downturn, but they are worried government interference could cripple the recovery process.” .........................................................................2009 Confidence Index Calendar (tentative)
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Small and mid-size businesses need stability from the upcoming administration. Everything was so up in the air this year, so as CEOs, we need to know where we stand and what the plan is. Just the fact that someone's there and knows what issues to address is important.
