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Entrepreneurs Reveal a Can-do Spirit for 2009 Amid Financially Trying Times

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CHICAGO, Dec. 17 /PRNewswire/ -- Today, the Entrex Private Company Index (PCI) releases its annual CEO Sentiment Survey data for the upcoming year. The survey reveals that expected high notes for 2009 are companies planning to maintain or increase the number of full time employees and CEOs believing that capital will come back to the table for deals.

CEOs, from a diverse collection of companies with up to $250 million in annual revenue, also expressed a collective view that while they do foresee a continued decline in the overall economy, they think that their respective industries will be stronger in 2009 -- feedback that was provided by leaders across a broad variety of sectors.

Entrex CEO, Stephen H. Watkins, was interested to see the response from CEOs asked about the effects of "the state of Wall St." on business. Watkins comments, "While 75 percent of CEOs believe that the health of Wall St. does affect their industry, only half feel that it affects their company. I see this as yet another sign of positivity and optimism from the entrepreneurial community."

He continues to say that, when he reads between the lines, he sees CEOs who are acknowledging this trying time for business but are building plans to succeed in the current environment and accept what that looks like right now as a starting point.

The full report, including statistics and analysis, can be requested by email to econefry@entrex.net. Portions will be available online.

About the Entrex Private Company Index:

Published monthly, the Entrex Private Company Index (PCI) is a proprietary benchmarking tool that measures revenue performance in the sector of private companies with $250 million or less in annual revenue. The PCI is recognized by Investment professionals and financial media as a leading and authoritative source on private company revenue performance (http://www.privatecompanyindex.com).

SOURCE Entrex Private Company Index


 
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