Survey says businesses feeling confident

Even if consumers aren’t feeling confident about the economy, businesses are.

According to a new survey, Bay Area CEOs and executives are feeling much better about the local economy, despite the fact that California’s economy remains one of the worst in the nation.

The Bay Area Council interviewed 473 CEOs and top executives from all over the nine counties during the month of November, only to find that 47 percent think Bay Area economic conditions are better now than they were six months ago.

They are even more optimistic about the next six months with 53 percent saying they expect more improvement.

But all of this optimism won’t necessarily turn into more jobs. The survey indicates that a majority of executives expect their work forces to remain the same during the next six months and only 27 percent said they planned to increase their workforce.  

esherbert@sfexaminer.com

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Star of 49ers win, Mostert consoled injured teammate: “We’re brothers”

Raheem Mostert, who broke his arm against the Oakland Raiders in 2018, was able to empathize with some of the pain that Coleman was experiencing

The Niners faithful recall a different time as they celebrate their team’s victory

Minutes from Candlestick Park, the ancestral home of the 49ers, several of… Continue reading

The Niners are going to the Super Bowl

With a 37-20 win over the visiting Green Bay Packers, the 49ers punched their tickets to Miami, FL

Photos: San Francisco 49ers fans tailgate at Levi’s

San Francisco 49ers fans tailgate at Levi’s Stadium before the big game

SF Lives: Divorcing San Francisco

“This is a town that thrived on being eclectic. I don’t think we can recover,”

Most Read