IT Industry Business Confidence Index: October 2013

In October of 2013, the CompTIA IT Industry Business Confidence Index remained essentially unchanged for Q4, but concerns about government gridlock took a sharp upswing in the latest survey. The index came in at 58.1 on a 100-point scale for Q4, compared to readings of 57.9 in Q3 and 58.0 in Q2. The forward-looking component of the index, a measurement of technology business sentiment produced by CompTIA for more than five years, projects a gain of 2 percentage points over the next two quarters.

CompTIA’s IT Industry Business Confidence Index is comprised of three metrics: opinions of the U.S. economy, the IT industry and one’s company. Data for the Q4 Index is was collected through an online survey of executives at 334 IT companies conducted during early October.

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