Business Confidence Index

Business Confidence Index

About This Study

After years of deliberation, Thunder Bay Ventures and its advisors decided to revise the Small Business Survey into a Business Confidence Index (BCI). The purpose of the BCI is to gauge the overall business confidence level in the Thunder Bay and Area, and also explore the impact of individual elements of overall confidence levels. The current plan is for the BCI to be administered biennially to allow for a time-series (changes in Thunder Bay and Area’s BCI over time) and cross-section analysis (comparison of Thunder Bay and Area with other regions). See the Business Confidence Index study below:

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