UPDATE: A significant new survey reveals that a majority of executives in the Boulder Valley and Northern Colorado anticipate mixed economic conditions as they head into the fourth quarter of 2025. The BizWest CEO Roundtable Executive Survey, conducted recently, indicates that while 34% expect stability, an alarming 40.5% foresee worsening conditions.
The urgent findings come as regional businesses grapple with ongoing economic uncertainty. Over a quarter of executives—25.3%—believe conditions will improve, but the pessimistic outlook from nearly half is raising alarms among stakeholders. “The economy is stuck and stagnant, leading to fewer projects,” one executive stated, highlighting the pressing concerns that could impact employment and investment decisions.
Among the more than 100 regional executives surveyed, only 17.7% reported better business conditions compared to six months ago. With 38% claiming conditions have worsened, the sentiment paints a concerning picture for the upcoming quarter.
The survey also sheds light on the implications of tariffs, with 75% of respondents indicating that they expect such policies to negatively affect their operations. A staggering 16.5% described tariffs as having a very negative impact, while only 2.5% believe they will have any positive effect.
In terms of staffing, 63.3% of executives anticipate keeping their current staffing levels. However, 13.9% foresee moderate increases, while 19% expect a decrease. Capital expenditures are also expected to remain stagnant, with 50.6% predicting no change.
Housing availability remains a critical issue, as 57.6% of executives report it negatively impacts their employees. With the housing market tightening, 39.7% view the situation as somewhat negative, further complicating workforce stability.
When asked about their greatest challenges going into Q4, executives highlighted issues such as tightening regulations, labor shortages, and rising costs. One respondent remarked, “State laws and regulations are driving out residential real estate investors,” showcasing the economic pressures faced by businesses in the region.
The CEO Roundtable program, sponsored by Plante Moran and Berg Hill Greenleaf Ruscitti LLP, along with local banking institutions, aims to address these pressing issues. As companies plan for the upcoming quarter, the insights gathered are crucial for navigating the uncertain economic landscape.
Looking ahead, businesses will need to adapt to these shifting dynamics. Executives are urged to focus on strategic planning and collaboration to mitigate risks associated with the anticipated downturn. As the situation develops, stakeholders must remain vigilant and proactive.
With the survey’s release, the focus shifts to how companies will respond to the challenges outlined and what measures they will implement to ensure resilience in the face of potential economic adversity.
