Executive Economic Outlook
•Download as PPTX, PDF•
1 like•230 views
Take a look at 4 years of economic outlook survey information from Sheboygan County Chamber members.
Recommended
Recommended
More Related Content
What's hot
Similar to Executive Economic Outlook
Similar to Executive Economic Outlook (20)
Recently uploaded
Recently uploaded (20)
Executive Economic Outlook
- 2. Powered by Executive Economic Outlook Wednesday, February 4, 2015 Sponsored by
- 4. Q3: In the next 12 months do you anticipate your employment will: 2014: 49% increase 45% same, 5.7% decrease 2013: 36% increase, 62% same, 2.4% decrease 2012: 27% increase, 66% same, 6% decrease 2011: 34% increase, 56% same, 10% decrease
- 8. Q4: Top five (5) business issues? 2014: Talent, Healthcare cost; then Competition, govt. regulation and skilled labor shortage. 2013: Economic slowdown 1st; then healthcare, Taxes, 2012:Economic slowdown by a mile; then healthcare and taxes. 2011: Same as 2012
- 10. Q5: Sales in first 3 quarters of 2014 vs first 3 quarters of 2013? 2014: 69% increase, 14% no change, 16% decrease 2013: 61% increase, 17% same, 10% decrease 2012: 62% increase, 14% same, 11% decrease 2011: NA
- 12. Q6: ECONOMY in Sheboygan County in the next 12 months? 2014: 84% growth, 12% flat, >1% decline 2013: 67% growth, 30% flat, 3% decline 2012: 66% growth, 32% flat, 2% decline 2011: NA
- 13. Q7: How do you believe YOUR BUSINESS will perform over the next 12 months? 2014: 85% growth, 10% flat, 3.5% decline 2013: 76% growth, 22% flat, 2.5% decline 2012: 74% growth, 20% flat, 6% decline 2011: NA
- 14. Powered by What Should the Chamber Do?
- 15. Top Issues the Chamber and its Members Will Address: Recruiting and retaining talent Building Skilled Labor pipeline Promote the assets of Sheboygan County Educate/advocate healthcare cost saving strategies Promote doing business locally 15
- 16. Box Score Compilations 2006 TO PRESENT 16
- 17. 17 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 Percent Unemployed Percent Unemployed 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
- 18. 18 0 1,000 2,000 3,000 4,000 5,000 6,000 Unemployed Unemployed 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
- 19. 19 0 5,000 10,000 15,000 20,000 25,000 30,000 Manufacturing Employed in Manufacturing 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
- 20. 20 0 5,000 10,000 15,000 20,000 25,000 Trade Employed in Trade 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
- 21. 21 0 5,000 10,000 15,000 20,000 25,000 30,000 Services Employed in Services 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
- 22. 22 0 100 200 300 400 500 600 700 800 900 Mortgages Mortgages 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
- 23. 23 0 200 400 600 800 1000 1200 1400 1600 1800 2000 New Cars New Car Purchases 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
- 24. 24 0 500 1000 1500 2000 2500 3000 New Trucks New Truck Purchases 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
- 25. 25 0 100 200 300 400 500 600 700 800 900 New Motorcycles New Motorcycle Purchases 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
- 26. 26 0 500 1,000 1,500 2,000 2,500 3,000 3,500 Total Permits Building Permits 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
- 27. 27 0 50,000,000 100,000,000 150,000,000 200,000,000 250,000,000 300,000,000 Total Value Building Permit Total Value 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
- 28. 28 0 50,000,000 100,000,000 150,000,000 200,000,000 250,000,000 300,000,000 350,000,000 400,000,000 Commercial Total Value Commercial Total Value 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
- 29. 29 0 5 10 15 20 25 30 Commercial Industrial Commercial Industrial Buildings 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
- 30. 30 OUR DISTINGUISHED PANEL Dr. Ashok Rai CEO, Prevea Dane Checolinski Director, Sheboygan County Economic Development Corp. Jodi Schoerner VP Finance, Masters Gallery Foods Tim Schneider CEO, Investors Community Bank
- 31. 31 Thank you!
Editor's Notes
- Back in 2010 you hired an optimist. I saw the condos begging for sale on the riverfront and several housing projects that had come to a halt. I saw the surfers, the kite boarders and the families out walking the lakefront trail. I saw – and tasted – the restaurants, coffee shops and bought things at the retail shops. …and I swam in Lake Michigan. I saw the family-owned businesses making plans to grow. I saw the school administrators working hard to meet the needs of their students and helping them build futures. All of this while our county was still in the throes of the recession. I knew it would all come back to life…and then some. We have resources here that others can only dream about. Well I say, LOOK AT US NOW. Just five years later and we are talking about recruiting and retaining a talented workforce to fill 1200 open jobs. We’re talking about building housing and revitalizing downtowns. In fact just about everyone I speak with is involved in something that is going to make a big difference here in Sheboygan County. Today I come with good news. In our annual survey this year you told us that things are clearly better. That for most of your businesses and organizations, things are looking up and getting better each year. The uncertainty that seemed to pervade the air waves two years ago seems to have receded. So, let’s get started. We have conducted this survey for four years now so I’ve got some comparative information for you too. With 288 responses we can have some amount of confidence in these numbers but you know what they say about data…
- Top issue: Talent recruiting & retention.
- I don’t know about you but I have fairly decent insurance and I still dread opening the bill for a doctor’s visit.
- Good times change things. With 1200 job openings in Sheboygan County we now find Talent Recruitment at the top of the list. In 2013 and 2012 economic slowdown was first, followed by healthcare costs and taxes. Now healthcare cost is second to Talent Recruitment and competition is third. Taxes fell to 7th on the list. In 2014 in the retail and hospitality sectors first on the list was taxes, followed by healthcare costs and competition with talent recruitment being 4th.
- Increase in sales continues to climb (up to 69%) but decreasing sales increased as well, coming in at 16% compared to 10% reporting decreases in 2013. Interestingly in the non-profit charitable sector there was also an increase in sales (donations in this case) in 57% of the organizations, while 23% saw a decrease.
- 84% believe there will be growth, and 12% predict a flat economy, less than 1% believe it will decline. In 2013: 67% growth and 30% flat. In 2012, 66% predicted growth and 32% saw a flat economy. So we are still on an upswing with a very optimistic outlook for our county as a whole.