The following is from the Aug. 22, 2007, edition of The Dallas Morning News

Survey: D-FW execs optimistic about local economy

The Dallas Morning News

Area chief executives are optimistic about the local economy and plan to give their employees raises in the next year.

That's according to the first survey of Dallas-Fort Worth chief executives out of Southern Methodist University's Cox School of Business.

The responses were overwhelmingly positive, said Miguel Quiñones, a professor of management and organizations who was in charge of the study.

"They feel that the economy in our area is going to improve," he said. "Less than five percent believed that the state of our economy will decrease."

Dr. Quiñones said it was important to gauge the confidence of the broad spectrum of executives.

"We felt that there was a need to create an instrument that would help us put a finger on the pulse of the sentiment of business leaders," he said. "To our knowledge, this is probably the most comprehensive survey of its kind."

Dr. Quiñones sent out 6,000 surveys to chief executives in the area in April and May, and he received 577 responses. Participants were anonymous.


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