Statewide Results - January 2006
ECONOMIC PERFORMANCE
N = 527 Massachusetts CEOs with 20+ employees
margin of error +/- 4.5% confidence level 95%
Methodology
Massachusetts CEOs downbeat about state of economy
- Only 32% see the national economy as growing compared to six months ago.
65% see economy shrinking (29%) or no change (36%)
- Only 27% see the state economy growing.
69% see state economy shrinking (25%) or no change (44%)
- CEOs somewhat more positive about their own businesses
49% see own business growing 14% see shrinking 35% see no change
January 2006 Mass Economic Assessment and Analysis Project
Conducted by the University of Massachusetts Lowell Poll
Only 32% of CEOs perceived the national economy as growing; and only 27% perceived the state economy as growing. In contrast, 65% perceived the national economy - and 69% perceived the state economy - as either staying the same or shrinking.
"We see these results as underscoring the overall weakness of the economic recovery right now," said David Terkla, an economics professor at UMass Boston, who is a member of the MEAAP analytical team.
Questions
"In general, how would you describe the national economy's performance compared to six months ago?"
"How would you describe the state economy's performance compared to six months ago? "
"Please describe your own business's performance now, as compared to six months ago."