The NE Ohio business executives surveyed by KPMG seem more interested in concentrating on their own business growth than the gloom and doom shadows of the overall economy. That’s a good sign, yes? Only 7% of those surveyed said they felt less confident about our local prospects.
You can read about it in this Crains Cleveland article written by Michelle Park .
A little bit more detail about it from the PR Newswire article about the KPMG survey. (It’s actually the KPMG press release). 100 executives from NE Ohio were surveyed. I like these stats:
Forty-one percent intend to add jobs in the next 12 months, with only 7 percent indicating a decrease. Furthermore, 43 percent will boost capital improvements and tech investments, with 7 percent expecting to lower investments.
One more quote that seems to indicate satisfaction with their businesses being located in NE Ohio:
“…an overwhelming majority, 79 percent, have no plans to move and, of those considering a move, a great majority, 88 percent, intend to look at other locations in Northeast Ohio….”
It makes sense that focusing on the here and now, and what each company can do to improve their business, add jobs, expand, will block out the gray cloud of negativity. Which doesn’t help in the long run! Let’s see what transpires in the next 12 months, and maybe we will see evidence of this job growth and success.
3C
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