2020 Business Confidence Index Report
With a maximum score of 100, an index above 50 indicates a generally optimistic outlook while below 50 indicates a generally pessimistic view.
Indices for 2020 show optimism has tempered somewhat since last year, with indices between 46 and 61. The composite index of 55.4 shows survey respondents are more optimistic than pessimistic about the business outlook for 2020. The composite index is down from 2019, but higher than any other year since 2015. The outlook for the Anchorage economy is weakest, at 45.9, and the only area of pessimism. The outlooks for gross sales and employment are very similar to last year, while the index fell slightly in outlook for net profits and capital expenditures.