An Economic Index for Richmond
Last month, the Robins School of Business and the VA Council of CEOs announced a partnership to produce a quarterly economic outlook index based on a survey of small and mid-sized business (SMB) CEOs. “We are filling a void”, said Scot McRoberts, executive director of the Council. “There is a lot of data that is either geographically too broad or focused on big business. We believe this survey will give SMB CEOs valuable insight for business planning.”
The survey asks CEOs just a few questions, seeking their outlook on employment, revenue and capital investment in the next two quarters. Those data are compelling and useful, giving business people a sense of what our SMB’s expect in the next six months. The index is a combination of those data that will give a general trend quarter to quarter.
VA Council of CEOs members form the original group of respondents, but any SMB CEO is invited to participate. Participants will receive the quarterly report and analysis. To be a part of the survey, and receive our Q2 Report, contact Scot McRoberts at info@vaceos.org.
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