C-Meter: September 2002
Transforming Banks for a Digital Future: The Winners, The Losers, and the Strategies to Beat the Odds
Following last month's steep declines, the September Confidence Meter finished decidedly mixed. Our survey found that CIOs' confidence in the chance for a recovery in the overall economy in the next three months fell another two tenths of a point, from 5.4 to 5.2 on a scale of 1 to 10. But the score for our respondents' industry categories rose a tenth of a point, to 5.5, and the score for their own companies moved up to 6.3. Curiously, the most pessimistic about the prospects for a recovery in their own industries were CIOs in healthcare, traditionally a recession-proof sector. Engineering/construction/architecture was by far the most confident.
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