UPDATE: A new survey reveals mixed economic expectations among executives in Northern Colorado and the Boulder Valley for the fourth quarter of 2025. Conducted by BizWest, the CEO Roundtable Executive Survey highlights significant concerns, with over 40.5% of leaders anticipating worsening conditions.
The survey indicates that while 25.3% of respondents expect improvement, a substantial 34% believe business conditions will remain unchanged. The stark contrast underscores a growing sense of uncertainty among local executives as they navigate a stagnant economy. “The economy is stuck and stagnant, leading to fewer projects,” commented one executive, reflecting widespread sentiment.
As businesses prepare for the end of the year, 17.7% of surveyed executives reported that conditions are currently better than six months ago, revealing a troubling trend as 38% noted worsening conditions. With 63.3% expecting staffing levels to remain stable, there’s little optimism for significant hiring in the near future.
The impact of tariffs is also looming large, with 75% of respondents indicating they will negatively affect operations. Among those, 16.5% believe tariffs will have a very negative impact, while only 2.5% expect any positive effects.
The survey also sheds light on housing availability, with 57.6% of executives stating it adversely affects employee retention and recruitment. “Municipalities need to get involved in reducing costs if they want to increase affordable housing,” said one participant, emphasizing the urgent need for local government intervention.
In terms of capital expenditures, 50.6% of executives foresee no change, while 22.8% anticipate a moderate decrease. As businesses adjust to these economic pressures, the potential for new construction remains muted, with 79.7% indicating they are unlikely to pursue new facilities.
The survey highlights specific challenges faced by industry leaders, ranging from unpredictable capital markets to rising operational costs. Executives from various sectors, including agribusiness, healthcare, and technology, voiced concerns about state regulations and their impact on business viability.
As the fourth quarter approaches, these insights paint a complex picture of the economic landscape in Northern Colorado and the Boulder Valley. With critical decisions looming, stakeholders are urged to remain vigilant and proactive as the situation develops.
What to watch for: Continued monitoring of economic indicators and upcoming government regulations will be crucial as executives navigate these turbulent waters. The next CEO Roundtable, sponsored by Plante Moran and Berg Hill Greenleaf Ruscitti LLP, is expected to further explore these challenges in detail.
Stay tuned for more updates on this evolving story, as the implications for local businesses and the community could be significant.