The latest CompTIA IT Industry Business Confidence Index results are in, and they show a 1.4-point drop.
That brings the overall index to 61.7 on a 100-point scale in Q3. The decline, while worrisome, isn’t abnormal. Since the index’s inception in 2009, it has fallen every third quarter, to rebound in the fourth.
However, that trend may be of little comfort to small-business owners, as they tend to be more vulnerable during periods of low confidence. Smaller margins, budgets, and pipelines cause worries of whether the third quarter will be their last.
