, the University of Alabama Socioeconomic Analyst researcher who put this survey together.
Inflation, higher gasoline prices, and a possible recession help comprise what Robichaux says is the Alabama Business Confidence Index . Anything under the score of 50 is considered a ‘negative’ outlook. The most recent ABCI shows an index of 48.4. The survey was done in September 2022, but there is a sliver of positive news in the negative economic outlook by business leaders. The 48.4 score is slightly higher than the quarter before.
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