Santa Clara University Business Index: Silicon Valley Outlook

12-month Trends
QOTM for February: FASB Impact

Survey Team

 

Executive Summary

The Santa Clara University Business Index: Silicon Valley Outlook survey polls SCU Advisory Board members and alumni of the MBA program on the third Monday of each month with a view to forecasting sentiment about the Valley's economic trends. The monthly survey was initiated in February, 2003. Our sample accesses a highly qualified group of individuals who populate the employment base of Silicon Valley.

The brief survey elicits both a backward-looking as well as a forward-looking swing indicator, thereby capturing sentiment of the past six months' trend and its counterpart six months into the future. The reported averages of these indicators offer an aggregate summary of business sentiment in the valley. The swing indicators range from 0 to 100, centered on 50. Values below 50 imply negative outlook, and those above 50 imply positive outlook. A comparison of the backward swing to the forward one reveals the change in sentiment. The survey is conducted every month and over time results may serve as an early warning system of upswings and downswings in the Silicon Valley economy. Monthly results are reported on the Index Home Page.

Question of the Month:

Each month, an additional question about the respondents' industry or company is included with the survey. In February 2005, we asked about the impact of FASB standard 123(R)on respondents' companies.  View results.

Please direct questions and comments to svi@scu.edu.


Index Results and Comparisons for February 2005 (Updated 2/27/05)

 

 
Month
N
Index
Change (vs. February)
Backward Index Aug 119 54.30 5.45
Jan 104 55.50 4.25
Feb 93 59.75  
Forward Index Aug 145 57.90 4.10
Jan 104 58.42 3.58
Feb 93 62.00

 

 


Sample Information

Between Monday, February , 2004, and the closing date of Friday, February 25, 98 responses were received to an email invitation sent to SCU MBA Alumni and Advisory Board members. Of these, 94 were employed either full or part time and were included in the analysis.

View table of respondent demographics


Please direct questions and comments to svi@scu.edu.


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