Survey of Atlanta CEOs Reveals Dissatisfaction with Government Bailouts
Filed under: Atlanta CxO POV, From the Experts, Uncategorized
A survey of nearly 200 members of the Atlanta CEO Council demonstrates concern about the federal government involvement in private industry with more than 68% of respondents saying they feel it is more than necessary. However, one third of those responding said they can see some growth as a result of stimulus funding, but 34% believe the impact of the stimulus is still unknown. While the health care debate rages on, business continues, although 21% of the respondents said they are delaying business decisions because of it. For a complete look at the September Atlanta CEO Council Survey, go to the
ATLANTA, August 24, 2009 – An Atlanta CEO Council survey reveals a largely optimistic outlook on the U.S. economy, with 39.9 percent of respondents anticipating a noticeable improvement in the first half of 2010. Other respondents expect even earlier improvements, with 9.6 percent indicating Q3 2009 and 14.65 percent indicating Q4 2009. The generally positive attitude among CEO council members coincides with a recent Blue Chip Economic Indicators survey of private economists, in which approximately 90 percent of respondents believed the economic downturn will be declared over this quarter. 184 Atlanta CEO Council members responded to a May 2009 survey about business performance.
Atlanta CEO Council Members Optimistic on Economy
Atlanta CxOs Weigh in on 2010 Economic Outlook
| Compared to Q2 2008, how will your revenue for Q2 perform? | |
| Down by 20% | 13.59% |
| Down by 10% | 18.48% |
| Flat | 37.5% |
| Up by 10% | 13.04% |
| Up by 20% | 17.39% |
| For your business, when do you anticipate a marked improvement in the overall economy? | |
| Q2 2009 | 6.52% |
| Q3 2009 | 16.85% |
| Q4 2009 | 16.85% |
| 1st half 2010 | 36.96% |
| 2nd half 2010 | 15.76% |
| Beyond 2010 | 7.07% |
| For the balance of 2009, how are you forecasting your revenues to perform? | |
| Lower by more than 10% | 19.02% |
| Flat | 29.89% |
| Up by less than 10%; | 16.85% |
| Up by more than 10%; | 34.24% |
