CEO survey shows confidence waning

The Siena Research Institute’s 9th Annual Upstate New York Business Leader Survey, sponsored by The Business Council of New York State, Inc., shows business leader confidence has dropped across upstate.

Following a record-breaking confidence level last year, business leaders are again worried that the tax and regulatory policies of New York State will have a negative effect on their businesses’ ability to grow. Combine that with the push for a $15 minimum wage and paid family leave, both which are nearly universally panned by the survey’s respondents, and there are some real headwinds for the upstate economy.

As sponsors of the survey, we were able to get an early look at the findings and we were pleased to see how well the results lined up with our own legislative agenda. For us, it was further proof that our members and our own policy priorities are well in-line with the broader business community.

To view the full survey results, click here.

And here are some links of coverage the poll’s release received around the state.

Albany Times Union: CEO poll: $15 minimum wage plan is wild card in New York

Buffalo News: Siena poll finds WNY business leaders less optimistic about economy

Rochester Democrat and Chronicle: CEO confidence dips in Rochester, upstate

Rochester Business Journal: Optimism fades among area’s business leaders

As part of the rollout The Business Council and Siena are traveling the state to speak directly to each region’s business leaders. Our next presentation is this Wednesday, February 3 at the offices of the Buffalo Niagara Partnership, register here.