2018 Business Confidence Index Report
Anchorage Economic Development Corporation (AEDC) contracted with McDowell Group, an Alaska research firm, to conduct the tenth annual AEDC Business Confidence Index (BCI) Survey. The purpose of this survey is to assess business conditions in the Anchorage area and measure Anchorage business confidence entering 2018. The survey was fielded from November 9 to December 22, 2017. Online responses from 338 businesses and organizations within the Municipality of Anchorage were analyzed and modeled to produce business confidence indices. Key findings are highlighted below.
Business Confidence Indices
With a maximum score of 100, an index above 50 indicates a generally optimistic outlook while below 50 indicates a generally pessimistic view. Most of the indices landed around the midway point of 50, and changed little from the previous several years, with one exception: confidence in the Anchorage economy increased nearly 9 points. However, this indicator is still below 50 (at 42.5), and earned the lowest rating among all indices. Businesses expressed the highest confidence in their own gross sales (56.7) and net profits (55.9).