Top gaming executives "maintain a positive outlook on the present state of the industry," as stated in the American Gaming Association's fifth report on the Gaming Industry Outlook. An overwhelming 97 percent of participants characterized the current business situation as either "excellent" (42 percent) or "adequate" (55 percent). In the first quarter report, 62 percent described it as "excellent" and 35 percent as "adequate". When questioned about future conditions, 58 percent expressed the belief that they would remain relatively unchanged, while the remaining respondents were evenly divided between anticipating improvements or deteriorations in conditions.