Tag Archives: business outlook survey

Confidence in Congress continues to plummet. Based on our 2012 Business Outlook Survey, 64 percent of business owners and executives are pessimistic about whether Congress will pass legislation to improve business conditions. Last year, 25 percent were pessimistic. According to the more than 500 respondents, 66 percent expect U.S. business conditions to improve modestly, although last year, 77 percent expected modest improvements. What about their own companies? Here again, optimism has declined. Fifty-five percent expect business conditions in their own organizations to improve modestly compared to 61 percent in 2011. There were many comments like this one: “The biggest negative factor is the uncertainty caused by gridlock in Congress.”