Trendsetter Barometer™ business outlook — Private companies expect to outperform GDP forecast, projecting 9% revenue growth for next 12 months

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11/19/2013 by Private Company Services

PwC's quarterly Private Company Trendsetter Barometer tracks the growth expectations, investment focus, and economic views of privately held US businesses. This quarter's report incorporates the views of 226 chief executive officers (CEOs/CFOs): 130 in the product sector and 96 in the service sector.

Survey highlights

Private Companies economic sentiments
The majority of private companies feel optimistic about the US economy and uncertain about the world economy.
Private Company growth expectations
Most private companies (82%) continue to expect revenue growth for the next year, despite ongoing concern about lack of demand (63%).
PCS Hiring Trends
Private companies plan a 2.2% increase in their composite average workforce, markedly below the projected 3.2 % increase the prior quarter.
Private Company international
Private companies that sell abroad are more inclined to make capital investments and increase their operational spending.
Private Company Growth
DIG DEEPER: See what fast-growth Trendsetter private companies are doing differently from their peers.