TEC Confidence Index Quarter 4, 2018
We are excited to announce that we have evolved our quarterly SME Confidence Index into the CEO Confidence Index; a compelling economic indicator that truly reflects the business environment in which leaders are operating.
Former ANZ Chief Economist and Industry Professor at the UTS Business School, Warren Hogan, has joined TEC, to provide robust insights and strategic analysis of economic, business and financial market trends.
The findings from the Q4 2018 survey suggests optimism in the economy is waning as we begin 2019. Although optimism about the economy has retreated, confidence in the ability to successfully navigate these tricky economic times remain high.
Sentiment towards economic conditions reveals a concerning perspective on how the Australian economy has performed. The results saw a decline of economic perceptions in Q4, with the index reaching its lowest level in late 2017.
As leaders look to grow in the year ahead, the findings of the report sheds light on how they plan to execute business growth successfully.
Download the report to view the full survey results, including:
- Comparison data on economic conditions
- Business confidence indicators
- The impact of government changes and property prices on business
- Key areas of leadership for 2019
Views on economic conditions compared to a year ago
Expectations for economic conditions over the year ahead
About the CEO Confidence Index
The Executive Connection CEO Confidence Index is a quarterly survey measuring the economic outlook and sentiment of Australian business leaders of Mid-market organisations. The survey measures the following indexes:
- Views about economic conditions compared to a year ago
- Expectations for economic conditions in the year ahead
- Business expectations for the next 12 months on:
− Fixed capital expenditure
− Sales revenues
− Prices for their products and services
− Total headcount
The survey also identifies the challenges and opportunities faced by leaders including business operations, leadership, talent and technology. Members are CEOs and business leaders of businesses with up to 200 employees and annual revenue of between $2 million and $100+ million per year. The results provide insight into the challenges and opportunities faced by leaders and their confidence in the Australian business environment as well as insights into key issues such as political leadership, access to funding and market conditions.