February Optical Business Barometer Index Shows Dip in Independents’ Outlook
NEW YORK—The Optical Business Barometer (OBB), a monthly gauge of
general business outlook attitudes among independent ECPs as surveyed by
showed a slight decrease for February 2013 rating with its latest index
measuring a 3.7 for February as compared to a 3.8 measured in January
2013. The current February rating also reflects a decrease compared to
that of February 2012, which stood at 3.9, but stands above February
ratings from 2011 and 2010, which stood at 3.6 and 3.5, respectively.
The average ratings for the period January through February
2013 stood at 3.8, yielding a lower index than the same period in 2012,
which stood at 3.9. The period of January through February 2011 stood at
February confidence ratings among independent ECPs for the
upcoming six months in overall optical retail business dipped from 3.8
in January 2013 to 3.7 in February 2013. From January to February, the
rating for eyeglasses fell from a 3.8 to 3.7; the rating for eye exams
decreased from 3.8 to 3.7 while the rating for contact lenses decreased
from 3.6 to 3.5.
Furthermore, the average index scores for
eyeglasses and exams both declined slightly for the period of January
through February 2013, with both scores falling to a 3.7 from a 3.8 in
the same period 2012. The 3.7 rating, however, is higher than ratings of
the same periods in 2011, which stood at 3.5 for eyeglasses and 3.6 for
exams. The average index score for contact lenses in the period January
through February 2013 held steady as the rating for the same period in
2012, which was 3.6. The score is higher than average ratings of the
same period in 2011, which stood at 3.4
The February 2013 overall optical index toward business for the
Northeast census region stands at 3.7, decreasing from a 4.0 rating in
January. The overall index rating for the South census region stands at
3.9, also a decrease from 4.0 in January. The Midwest census region
stands at 3.7, remaining consistent with January’s rating, and the West
census region’s index decreased to a 3.5 from a 3.7 in January.
OBB is a monthly survey of a representative sample of independent
optical retailers (single locations or groups of no more than three
locations) designed to gauge the trends of eyecare professionals at
these locations. The survey is conducted online by Jobson Optical
Research to measure attitudes of independent ECPs about the current
business climate and outlook based on a scale of 1 to 5 where 1 is "very
negative" and 5 is "very positive," with 3 representing "neutral."
ratings are further compared to findings from the Conference Board’s
Consumer Confidence Survey. The
latest survey findings revealed an increase from a revised 58.4 index in
January 2013 to 69.6 index in February 2013. The Consumer Confidence
Index reached its highest point in January 2000 with a rating of 144.7
and its lowest point in February 2009 with a rating of 25.3.
For a full report complete with charted progress, visit
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