2012 Business Confidence Index Report
The Anchorage Economic Development Corporation (AEDC) contracted with McDowell Group, an Alaska research and consulting firm, to conduct the fourth annual AEDC Business Confidence Index (BCI) Survey. The purpose of this survey was to assess business conditions in the Anchorage area and measure business confidence entering 2012. The online survey, conducted between November 9 and December 21, 2011, had 183 responses from businesses and organizations in Anchorage and Chugiak/Eagle River.
The 2012 AEDC Business Confidence Composite Index for 2012 is 59.5, a notable increase from early 2011, when business confidence was measured at 56.5. This increase marks the most positive outlook for Anchorage’s economy in the four years the BCI has been measured. With a maximum score of 100, an index above 50 indicates an optimistic outlook while below 50 indicates a more pessimistic view.
Overall, the indices in all five main areas of the survey have trended upward since the first BCI survey was fielded four years ago: capital expenditures, employment, net profits, gross sales, and the Anchorage economy. The Composite Index has gained almost eight points overall during that time period.
Download the full report (PDF file) sponsored by Premera Blue Cross Blue Shield of Alaska here: 2012 AEDC Business Confidence Index Report