RALEIGH – Tech executives across North Carolina are reducing hiring and are not quite as optimistic about the future of their own companies performance but are more positive about the overall North Carolina economy, says a new survey from the North Carolina Technology Association.
The findings – based on the January-March quarter – reflect the most recent IT Jobs Report which showed a huge drop in open technology positions across the state.
They also are smiliar to the new Duke University CFO Survey released this week.
“Leaders in North Carolina’s tech community are expressing caution about economic conditions, but continue to hire and express confidence in their companies’ resilience,” said Brooks Raiford, CEO of NC TECH, about the survey results.
The percentage of tech firms that are hiring fell to 66.5% from 86.1% in the December poll.
However, there was no accompanying increase in layoffs with the percentage of firms cutting jobs remaining at 2.2%
Optimism about their own companies declined by nearly 4 percentage points to 37.6%. Those seeing “great” performance fell to 19.3% from 22.5%.
Across the economy, however, 62.4% of those polled expect growth including all companies. That’s up from 48.9% last quarter.
The report is underwritten by Stearns Financial Group.
Related coverage
Finance execs regain some optimism about US economy, Duke survey finds
Tech job openings in NC plunge to lowest number in years, report shows
