Tuesday, February 19, 2008

MHTC's Annual Business Climate Survey

Technology CEOs in Massachusetts remain confident in the state's economy.

Waltham-based Massachusetts High Technology Council (MHTC) released it Annual Business Climate Survey at last week's 2008 Annual Meeting and here are the findings.

Survey Says

Highlights include the following:

  • 64 percent of participating CEOs expect job expansion this year
  • only 7 percent anticipate work force reductions at their company

More than three out of four CEOs surveyed (76 percent) felt Massachusetts was an "outstanding" or "good" place to run a technology firm.

According to the survey, CEOs at technology companies place education reform at the top of the list of priorities. The Massachusetts technology economy will continue to be vibrant only to the degree that an adequate pool of trained technology professionals enters the workforce. Workers who continue to upgrade their technology skills should excel in the current high tech economy.

The annual survey has been conducted since 1987. To learn more access a story in Mass High Tech: The Journal of New England Technology.

MHTC Council Members

The MHTC council membership is comprised of 99 organizations in Massachusetts. These organizations are most likely to be hiring technology professionals in 2008: