Economic Outlook Survey

The fourth quarter Economic Outlook Survey for 2018 was released on January 3, 2019, with IBC members reporting high hopes for 2019. This optimism is bolstered by the fact that two thirds of the members anticipate higher sales in the next six months. To support this projected sales growth, 60 percent of respondents expect to add to their workforce, and half project an increase in capital spending.

Despite this bullish economic forecast, nearly 80 percent of executives cite attracting, developing and retaining a quality workforce as their primary business challenge. This sentiment was echoed by small and medium sized businesses at the IBC's Vision to Vitality forums in 2018.

To review the press release and expanded results from the Iowa Business Council's 2018 fourth quarter Economic Outlook Survey, click here.  

 

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IBC members report high hopes for 2019 in the IBC's latest economic outlook survey. This optimism is bolstered by the fact that two thirds of the members anticipate higher sales in the next six months. To support this projected sales growth, 60 percent of respondents expect to add to their workforce, and half project an increase in capital spending. 

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Iowa's economy is at its strongest in 10 years according to the IBC's latest quarterly economic outlook survey. This quarter's index number for capital spending, 70, came in as the highest recorded number for this metric in the past ten years, while the overall index number from the second quarter of this year was the highest overall index number reported in ten years. 

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Iowa Business Council members express continued economic optimism in the IBC’s quarterly economic outlook survey released today, with 90 percent of IBC members anticipating higher sales in the next six months. To support this projected sales growth, two thirds of IBC members expect to add to their workforce, and 60 percent project an increase in capital spending. 

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Iowa's largest employers expect continued growth for the 2018 economy, with 80 percent of the Iowa Business Council members anticipating higher sales in the next six months. To support this projected growth, IBC members expect increases in both capital spending and employment. 

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Our very own Executive Director, Georgia Van Gundy, was interviewed on WHO Radio's weekly show, Focus, regarding our latest Economic Outlook Survey. Check out what she had to say about the survey's results and the members' concerns regarding Iowa's workforce. (Interview starts at 12:35 in the recording).

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