CEOs not so sure state is open for business

Chief executive officers across the state showed some optimism about the economy, but had little good to say about the business climate in the state or about government’s ability to improve it. The Siena Research Institute surveyed upstate business leaders in Albany, Syracuse, Rochester and Buffalo between October and December of last year.

The majority (46 percent) said current economic conditions are about the same as last year, while 24 percent said conditions are a little better and 22 percent said conditions are a little worse. Looking ahead to next year, 40 percent think conditions will be about the same as they are now, while 28 percent expect improvement and 24 percent think things will be a little worse.

Neither educators nor government officials will find much comfort in what the business leaders said. While 51 percent said they can find trained workers in their local area, 44 percent said finding qualified workers is a problem. And when it comes to the state’s ability to improve the business climate, 48 percent were not very confident, 15 percent were somewhat confident and 37 percent were not confident at all.

The entire survey and the region-by-region breakdown of the results can be found here, courtesy of the Albany Times Union’s Eric Anderson.

Leave a Reply

Your email address will not be published.

Prove You Are Human: * Time limit is exhausted. Please reload the CAPTCHA.