Regina Executives optimism is driven by 43.2% of respondents who believe that the economy will perform better in the next 12 months, as well as the 51.4% believe that the economy will remain the same.
Executive Confidence Index has climbed to a new high of 2.60, up 24 points from the previous quarter results. This is the highest confidence index since inception of RELO (past six quarters) and indicates growing optimism in the future economy.
Over half (58.3%) of respondents expect to employ more people over the next year. This is an increase of 13.6% over the last quarter. 38.9% of respondents anticipate having the same number of employees over the next 12 months.
Forty-seven percent (47.2%) of respondents report an increase in revenue compared to 12 months ago, 19.4% report decreased revenue.
Almost three quarters (72.2%) of respondents expect sales revenue to increase in the next 12 months. This is an 11.7% increase from last quarter.