Citizens Business Conditions Index™ Rises in Q4

PROVIDENCE, R.I.--(BUSINESS WIRE)--The national Citizens Business Conditions Index™ (CBCI) rose to 51.8 in the fourth quarter, supported by continued resilience in the labor market and consumer trends. The second consecutive quarterly reading above 50 indicates that the economy exited 2023 with momentum as signs of moderating inflation support optimism for a soft landing. While applications for new businesses were slightly softer during the period, solid employment trends, particularly in Local Governmen ...