Northern economy sentiment sours in latest CABSS

Writer: Ryan Gandolfo January 2024 — Private and public sector leaders in the U.S. Northern markets covered by Capital Analytics’ annual business reviews expressed a downward shift in economic sentiment in 4Q23. The last quarter of the year saw interest rates stabilize and inflation fall to nearly 3%, but a level of economic uncertainty carried into 2024 due to geopolitical conflicts. In the latest survey of more than 70 public and private sector leaders, the Capital Analytics Business Sentiment Survey (CABSS) for 4Q23 found overall business sentiment lower from the previous quarter. Compared to 3Q23, there was a 12% decrease … Continue reading Northern economy sentiment sours in latest CABSS