Published: December 17, 2008
Entrepreneurs Reveal a Can-do Spirit for 2009 Amid Financially Trying Times
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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