In partnership with the
Q1 2026 Inaugural report

Middle Tennessee Business Confidence Index

Cautiously optimistic.

Confidence scored 60.1 out of 100 — slightly above the national score of 59. Companies feel good about today, but more careful about what's ahead.

Business Confidence Index
Middle Tennessee
60.1
Conference Board Index
National
59.0
050 neutral100
Executive Summary

Middle Tennessee businesses are cautiously optimistic. Confidence registered 60.1 — just above the Conference Board's national benchmark of 59. Sentiment about current conditions (69.5) is notably stronger than expectations for the months ahead (60.7), suggesting near-term operating strength alongside macro caution. The strongest signal is sales outlook; the weakest is tax and regulatory policy. Housing affordability has emerged as the most prominent local pressure on workforce planning.

  • ▲ Strongest signal 74.8 Sales outlook for next quarter — the survey's highest reading.
  • ▼ Biggest worry 44.7 Tax & regulatory policy — the only core component below neutral.
  • ⚠ Local pressure 49.8 Housing affordability — flagged as a workforce constraint.
  • ★ Top policy ask 26% Lower taxes leads the wish list, followed by better roads & transit (23%).
Overall
60.1
+1.1 vs Conference Board CEO Index Conference Board CEO Confidence Index. A quarterly national survey of U.S. CEOs at major companies, asking how confident they feel about the economy and their own business. Q1 2026 reading: 59. Middle Tennessee scoring 60.1 means local businesses feel slightly more confident than the national CEO benchmark.
Right now
69.5
Strong
Looking ahead
60.7
More cautious
Inventory
53.0
Balanced
Tax & policy
44.7
Biggest worry

Question by question

How businesses scored each topic, on a 0–100 scale. Above 50 = positive.

Positive Negative Neutral 50
Strongest
Sales outlook next quarter
74.8
Weakest
Tax & regulations
44.7

Local issues

How three Middle Tennessee challenges are landing on businesses.

56.7
Infrastructure
Are road and infrastructure projects helping or hurting?
49.8
Housing costs
Are housing costs making it hard to attract or keep workers?
67.1
Zoning & permitting
Are zoning or permitting changes affecting your operations?

In their words

When asked open-ended questions, here's what business leaders said.

▲ Top opportunities
    ▼ Biggest challenges
      ★ What they want from policymakers

        Who responded

        A snapshot of the businesses behind the numbers.

        Services firms 58.4 vs Other industries 62.7
        Industry
        Employees
        Annual revenue
        Years in business
        Minority-owned

        How we measure it

        We ask businesses to rate things like sales, hiring, and the economy. Each answer earns points, and we average them on a 0–100 scale where 50 is neutral. Above 50 means more businesses are positive than negative. The method is the same one the Conference Board uses for its national CEO Confidence Index, so the scores can be compared.

        Inaugural report — Q1 2026. Released April 2026.

        Get involved

        Help shape the next quarter's index.

        The Business and Economic Research Center at Middle Tennessee State University runs the Business Confidence Index every quarter. If your company would like to be part of the next survey panel, share data, or collaborate on research, we'd love to hear from you.

        Direct inquiries to Dr. Murat Arik, Director, Business and Economic Research Center.

        Email berc@mtsu.edu Phone (615) 898-2610 Web berc.mtsu.edu
        Visit Jones College of Business
        1301 E. Main St., Murfreesboro, TN 37132