Survey: Phoenix businesses sharpen focus on efficiency as economic outlook improves

According to Umpqua Bank’s 2023 Business Barometer survey, economic confidence among U.S businesses is growing compared to a year ago. The trend is especially pronounced among businesses in the West, including in Phoenix, the nation’s fifth-largest city and one of the fastest-growing over the past decade in terms of population and economic activity.

Consider these key findings from the survey:

Fifty-seven percent of business respondents in the West rate economic conditions either excellent…

Previous Survey: Efficiency, profitability top priorities for Sacramento businesses
Next Reston government contractor CACI rebuts proxy advisory report criticizing its pay practices