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Charles Schwab study shows AUM growth at multiyear low
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TN Business Barometer DIPS! Jan 23, 2021 at 06:34 am by WGNS
(MURFREESBORO) Outlook for the future dropped among the state’s business leaders following the November election and subsequent Electoral College certification, according to the latest Tennessee Business Barometer by MTSU’s Jones College of Business.
The latest Tennessee Business Barometer Index decreased to 212, a noticeable dip from 309 in October. The current online survey of 125 business leaders from across Tennessee was conducted between Jan. 11-18, 2021.
Although outlook had surged higher in October 2020 (up from 88 in July) prior to the hotly contested presidential election between incumbent Donald Trump and eventual winner Joe Biden, “optimism for a brighter future has now faded,” noted Tim Graeff, director of the university’s Office of Consumer Research, which oversees the quarterly index.
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