August 16, 2016 – Today, Lisa Ventriss, President of Vermont Business Roundtable (VBR) and Jeffrey Carr, President, Economic & Policy Resources (EPR), announced the Q3 2016 results of their joint initiative, the VBR-EPR Business Conditions Survey.
Methodology
The quarterly survey provides both a look back at the previous quarter and a predictive index going forward. The data for both the backward and forward-looking questions are weighted to the Vermont economy by sector employment and turned into “diffusion indices”.[1] These diffusion indices provide a tool for analyzing and presenting insight into the Vermont economy over time through the sentiments of the Roundtable members. The survey asked eight retrospective and prospective questions about the CEOs’ economic outlook, demand, capital spending, and employment.
Overall Findings
The latest survey, which was conducted during the first two weeks of July 2016, achieved a response rate of 69 percent overall and included a 50 percent or greater response rate from all but three sectors within the membership. Survey results show that: (more…)
