Business leaders ended 2019 on a positive note

David Lundgren, CFA, January 14, 2020

Business leaders continue to be optimistic about their company’s future success and the state of the regional economy, according to our year-end Economic Pulse Report.

 

Our Hancock Whitney Economic Pulse Report is based on an online survey conducted in the third quarter 2019 of Hancock Whitney business clients and prospects across the Gulf South. We invited participants to:

  • Rate their optimism of the business climate so far this year
  • Identify the challenges and opportunities they see for their business and industry in the months to come
  • Identify ways they can bolster cybersecurity defenses and ensure business continuity

 

Our latest Economic Pulse Report offers businesses of all sizes an economic snapshot, as seen by their peers, and compares them against the findings of our previous survey deployed in December 2018. Here are some of the highlights:

 

Business leaders continue to be optimistic about their future success and even more optimistic about industry growth. Overall industry optimism about growth has increased by 3% compared to the survey conducted in December 2018.

 

Economic Pulse Survey

 

New or upgraded equipment has become the leading investment companies see as a driver for growth since our last survey. The top three areas for capital investment include:

 

Economic Pulse Survey

 

Cybersecurity is a priority for businesses, and most companies take multiple steps to ensure that their financial information is protected: 

 

Economic Pulse Survey

 

We invite you to download a complimentary copy of the entire Economic Pulse Report and learn more about what Gulf South business leaders have to say about the state of the economy and their industries.