The Business Confidence Index has been developed by the Cal State University San Marcos College of Business Administration and the San Diego Business Journal over the past three years, being adjusted and reexamined semiannually. The index is calculated from specific survey responses to questions focused on overall business operations and opportunities in San Diego County; distributed to local businesses, the most recent survey received 222 responses, and the results are as follows.
The most recent output of the Business Confidence Index, being 76 in Spring of 2017, shows a strong level of optimism within the local business community. Higher than previous numbers, the spring 2017 index number shows that local business owners are optimistic and looking forward to conducting business within the near future.
A score above 50 indicates optimisim; a score below 50 indicates lack of confidence.
To view the published SDBJ pieces concerning this data, please refer to the local links below: