The Leeds Business Confidence Index (LBCI) Q4 2022
Download The Leeds Business Confidence Index (LBCI) Q4 2022
Colorado business leaders expressed pessimism ahead of Q4 2022, recording the fourth-lowest index in the 20-year history of the Leeds Business Confidence Index driven by inflation, interest rates, the supply chain, and the workforce, among other factors. Looking two quarters ahead to Q1 2023, overall expectations rebounded slightly, but still recorded the fifth-lowest outlook in the history of the index as economic headwinds weigh on optimism. Four of the six components of the index decreased ahead of the fourth quarter.