Growth expectations among leaders of small and mid-sized companies in central Virginia declined in the first quarter of 2018 compared with the fourth quarter of 2017, according to a recent survey, though the results showed that executives still remain relatively positive about the economy.

The quarterly survey of chief executive officers conducted by the Virginia Council of CEOs and the University of Richmond’s Robins School of Business showed that a majority of chief executive officers — 67.5 percent — still expect their companies’ sales to increase over the next six months. However, the result was down from 77 percent who predicted increased sales during the fourth quarter 2017 survey.

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Associate Dean
Director, The Richmond MBA
Associate Professor of Marketing
Brand Equity Theory and Measurement
Brand Authenticity
Marketing Strategy
Gratitude in Marketing