The Business Policy Survey (BPS) is FGS Global’s quarterly survey of key business stakeholders that measures and tracks attitudes toward major public policy issues.
Methodology
Each quarter, the BPS surveys three business stakeholder audiences:
Business Decision-Makers: Individuals who make hiring, purchasing or financial investment decisions on behalf of their companies
Investors: Individuals with $100K or more in securities investments who follow news about business and financial markets closely
Employees: Individuals who work at for-profit companies with at least 1,000 employees
Inflation remains number one concern
Among the various priorities that business stakeholders want the federal government to focus on, inflation ranks first on the list for the fourth quarter in a row. The proportion of stakeholders selecting inflation as a priority has climbed steadily since Q1 2022. In addition, over half of stakeholders feel the Biden administration’s policies don’t go far enough in reducing inflation.
New Congress is expected to be good for business
Half or more of employees, business decision-makers, and investors think the new Congress will be more favorable toward corporate America than the previous Congress. Stakeholders from both parties expect the new Congress to have a net positive impact on business-related policies.
Cautious optimism for 2023
A plurality of stakeholders expect growth in the economy and financial markets for 2023, though they are less optimistic than they were for 2022.