C-Meter: September 2002

Following last month's steep declines, CIO Insight's September Confidence Meter was a mixed bag: Confidence in the overall economy is down, but respondents are cautiously optimistic about their industries.

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.

C-Meter for September 2002

This article was originally published on 09-19-2002
eWeek eWeek

Have the latest technology news and resources emailed to you everyday.