Colorado Business Confidence Surges Going Into Second Quarter
The confidence of Colorado business leaders has surged going into the second quarter of 2013, according to the most recent Leeds Business Confidence Index, or LBCI, recently released by the University of Colorado Boulder’s Leeds School of Business.
With waning uncertainty giving way to a stabilizing economy, the second quarter LBCI posted a reading of 58.1, a sharp increase from last quarter’s 51.3 reading. Expectations measured positive—at 50 or higher—for all of the metrics measured by the index. They include hiring and capital expenditures, the state and national economies, and industry sales and profits.