CAD Managers Not Optimistic

Robert Green recently conducted a survey to gauge the state of the economy according to the CAD Manager.

See his article: Survey: CAD Managers Reveal Effects of the Economy, Part 1

This is a followup survey to one he conducted in February (Results Part 1 and Part 2), so he can compare how things have changed since then.

Here are some quick highlights, please follow the link to the original article for Robert's more in-depth analysis and some charts:

There were 405 responses worldwide.

40% of respondents have had their pay cut or frozen (although he estimates that 15% of CAD Managers have been laid off this year).

Only 10% report being busy with work, and 65% report recent layoffs.

Only 7% of the respondents are really optimistic about the year ahead.