Dawn McLaren
Dawn McLaren
annual arizona business capital chain conditions confidence continued cut difference economic equipment increase managers marked near news percent plan positive previous question reflected regarding responses supply survey
This confidence in business conditions also is reflected in the survey responses to the annual question regarding anticipated capital equipment expenditures. This year, 62 percent of supply chain managers plan to increase capital equipment expenditure in 2006; only 10 percent said they plan to cut back on capital expenditures. This is a marked difference from previous years, and suggests continued positive economic news for Arizona in the near term.
growth range remained september since stable
The index has remained in the mid-60s range since September 2003, indicating stable growth in the economy.