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The Pulse of the Private Company Experience
Small to mid sized Main Street private firms are fueling the growth of the American economy, a phenomenon that is similarly happening in many other regions throughout the globe.
The PCI is committed to representing this group of companies (along with their challenges, frustrations, and general views) to the capital investment community. This representative portfolio of private firms is the critical roadmap the financial community needs to both understand the needs of financing private companies....and to reach them.
This brief series of data points will be surveyed each quarter so historical trends can be charted on these key business metrics.
Q4 2007 Data Trends & CEO Sentiment (Employment Data Updated for Q1 2008):
Highlights -
- 39% of CEOs feel that capital and/or debt funding will be tighter in the coming quarter. This means that negativity has near doubled from Q3 sentiment which came in at only 20%.
- Negative CEO sentiment about the "coming business climate" has almost quadrupled from the Q3 measure. This figure rested between 0-8% for all prior periods of 2007—following Q4, 27% of CEOs responded negatively. This marks the first time in the history of the PCI that the percentage of CEOs feeling positive about the coming business climate dipped under 50%.
- 55% of companies say they are currently hiring for full-time employees. This is a dramatic drop from the prior periods in 2007 where we never saw fewer than 87% of companies hiring.
- Average number of net new full-time employees was +5 for January through February 2008 -- even with the admitted hold on hiring.
© 2007 ENTREX. All Rights Reserved.
