National economy a concern for state business leaders

According to a survey taken by the University of Alabama Center for Business and Economic Research, small business leaders throughout the state appear to have a far better outlook for the state’s economy and businesses than those on the national level. The center’s most recent survey, the Alabama Business Confidence Index (ABCI), dipped indicating expectations of a mild drop off from the last quarter’s economic performance. “The outlook for the U.S. economy remained strongly contractionary,” said Susannah Robichaux, socioeconomic analyst for CBER. “This index has been negative for the past eig