Colorado Business Confidence Remains Positive Going Into Q1 2013
Colorado business leaders’ optimism is modest going into the first quarter of 2013, with uncertainty surrounding the country’s political and economic environments, according to the most recent quarterly Leeds Business Confidence Index, or LBCI, released Jan. 2 by the University of Colorado Boulder’s Leeds School of Business.
For the first quarter of 2013, the LBCI, conducted by the Leeds School’s Business Research Division, posted an overall confidence reading of 51.3, down slightly from 51.6 in the fourth quarter of 2012. A reading greater than the neutral mark of 50 indicates positive expectations and one less than 50 indicates negative expectations going forward.