Directors Expect Revenue Increases This Year
Members of public, private and nonprofit boards of directors say they expect to see revenue increases at the companies they serve during the current fiscal year, according to a survey by the New England chapter of the National Association of Corporate Directors.
The survey found that 22 percent of New England directors are "extremely confident" that their companies will see revenue growth. Another 48 percent said they were "somewhat confident."
In the same survey last year, only 11 percent said they were extremely confident and 41 percent said they were somewhat confident.
Six percent of directors said the New England economy is significantly stronger than the rest of the country, and 62 percent said it is slightly stronger.
Overall confidence in the national economy dropped, however, with 12 percent saying it will see significant improvement over the next year compared to 20 percent last year.
Sixty-four percent said they expect slight economic improvement nationwide in the coming year.
WBJ Web Partners
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