Atlanta CEO Council Members Optimistic on Economy
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.
Atlanta CxOs Weigh in on 2010 Economic Outlook
184 Atlanta CEO Council members responded to a May 2009 survey about business performance.
| 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% |
CxO Executive Receptions
The Ritz-Carlton, Buckhead
3434 Peachtree Road, N.E., Atlanta, GA 30326
6:00 – 8:30 p.m.
September 21, 2009 
December 7, 2009
(Attend CxO Executive receptions by invitation. Not a member?)
Project Solutions: The Truth about Technical Recruiters
The Truth about Technical Recruiters
Finding a good technical recruiting firm takes asking the right questions
By Kevin Langill, President, Project Solutions
It is common knowledge that an executive needs to be surrounded by an excellent team to be successful. The problem is that you don’t have the time to hire your entire staff, so you often need assistance in bringing the talent to your company to help you reach your goals and vision. That is where recruiting agencies come in.
However, if I had a dime for each time I hear that “Recruiting companies are wasting my time,” I would be sipping margaritas on a white sand beach.
Have you ever been recruited by a recruiting agency? How many questions did they ask before sending you out on an interview? Read more
Atlanta Commerical Real Estate: William Leonard & Co.
Advantage Shifts to Tenants in the Atlanta Office Market
By Bill Leonard, President, Wm. Leonard & Co.
The disruption and uncertainty in our economy are taking their toll on the Atlanta office market. We are beginning to see exciting opportunities for companies positioned to move forward with a decision on their real estate requirements. Vacancy rates are up, rental rates are on the decline, and sublease space is hitting the market in large chunks. Landlords are showing much more flexibility, and concessions are increasing at a steady pace. While institutional landlords are normally not interested in leases less than five years, many are open to shorter term solutions today, allowing both the landlord and the tenant to measure the future of the economy and delay long term decisions.
Traditionally, landlords are slow to respond to economic downturns, especially if their rent roll is secure for the short term. However, we expect them to become increasingly aggressive as the year unfolds. Where there is disruption there is always opportunity. Below are a few recommendations on how to take advantage of this market: Read more
