C-Meter: December 2001

The December confidence meter showed little change over last month's results, with CIOs giving the chances that the overall economy would recover in the next 90 days a 4.9 on a scale of one to 10, one tenth of a percentage point lower than the prior month. Meanwhile, they pegged the chances for recovery in their own industries at 5.6 and scored their own companies a 6.6, both up by the same two tenths. The energy/ utilities sector turned in the most bullish industry score, at 8.3, while retail and wholesale distribution came in at a respectable 6.1, presumably a result of the coming holiday season.