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C-Meter: February 2003

Published May 12, 2021

This month's Economic Confidence Meter was little changed from the previous month's levels, perhaps a sign of the wait-and-see attitude typical of a new year. CIOs' confidence in the chances for a recovery in the overall economy in the next three months rose a tenth of a point, to 5.5 from 5.4, while the score for our respondents' own industry categories stayed at 5.6. And the score for their own companies rose two tenths of a point, to 6.5 from 6.3. Some sector anomalies worth noting: Financial services CIOs came in close to the mean for the overall economy and their own sector, but much higher than the mean - 6.7 - for their own companies. Similarly, telecom CIOs came in a hair below the mean for their sector and their own companies, but almost a whole point above the mean for the overall economy. It's all a matter of perspective.

C-Meter February 2003