New survey open for 2nd Contractor Confidence Index
By
Nick Wakeman
We've launched the second survey for our quarterly series that tracks the ups and downs of the federal market and measures the confidence of government contractors.
We’ve launched our second survey in our new quarterly series tracking the ups and downs of the federal market.
We call it the Washington Technology Contractor Confidence Index. We released the first one in March, and the base line index number was 100. Now, we’re moving forward with the second survey, and we’ll see whether the confidence in the market is on the way up or down. If confidence has grown, the index number should increase from 100; if it has fallen, the number will be below 100.
The results of the first survey showed some mixed feelings.
More people thought the market was headed in a negative direction than thought it was headed in a positive direction, but just barely: 30.4 percent said negative, while 29.5 percent said positive. The rest, 40.1 percent, said it was about the same.
We’re asking the same set of questions this time around. Questions include thoughts on revenue growth, company investments, hiring expectations, layoffs and job satisfaction.
As we continue to do more of these, we’ll be able to glean some insights into the direction of the market and how confident contractors are feeling.
I urge you to take the survey by using this link: Contractor Confidence Index.