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How confident are businesses about Charlotte? New confidence index to provide answer

BusinessFirst, the business-retention program of the city and the Charlotte Chamber of Commerce, is seeking businesses to participate in its first ever confidence index survey to measure the economic climate in the city and Mecklenburg County.

The Urban Institute at the University of North Carolina at Charlotte will conduct the survey every quarter.

The goal is to have 500 businesses of various sizes and from different sectors participate in the six-question electronic survey.

Advantage Carolina and the Charlotte-Mecklenburg Workforce Development Board are also involved in the project.

The index will provide data on possible expansions or contractions of industries over time, officials said.

“This inaugural BusinessFirst Charlotte Confidence Index will help us to better understand the needs of our local businesses and learn how we can help existing industries here in Charlotte,” Mayor Anthony Foxx said.

Interested businesses can complete a one-time registration to designate a company representative who will fill out the survey.

The first online survey will go live Feb. 28, which is when businesses that have registered will take the survey.

The results of the first survey will be released at the end of March.

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