FIN SURVEY

Please rate your company’s current performance, with 10 as record growth and profits and 0 as bankruptcy.

The FIN Company Performance Index plummeted to a new low for 2009. The index fell from 6.5 at the end of 2008 to 3.8.

In the 16 years of the FIN Index, it had ranged from a low of 5.6 at the end of 2001 to a high of 7.9 for 1994.

• Last year 11.1% rated their companies at the perfect 10 of record growth and profits. In 2010 no company pegged itself at 10.

• A year ago only one company checked the lowest “in bankruptcy” rating. For 2009 3.4% of participating companies rated themselves at the lowest level.

 • The percentage of companies reporting the high end of 8 to 10 dropped from 30.5% a year ago to 20.1% for 2009.

• A total of 17.3% rated their companies at 4 or below, just better than 18.1% in the low numbers for 2008.  ©2010 GlobalFastenerNews.com