Archive for the ‘CEO Economic Outlook Surveys’ Category

VBR’s Q3 CEO Economic Outlook Survey Highlights Increasingly Stable Outlook into Early 2013

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Wednesday, October 10th, 2012

(South Burlington, Vt.)  The chief executives of Vermont’s leading businesses demonstrated an increasingly stable outlook in their economic forecasts for the coming six months, compared against the previous survey.  The survey, which was completed between September 17 and September 28, was released today by Vermont Business Roundtable Chair Steve Voigt, CEO, King Arthur Flour and President Lisa Ventriss.

 

2012 Q3

Increase

2012 Q3

No Change

2012 Q3

Decrease

Quarterly % Change

Increase

2012 Q2

Increase

2012 Q2

No Change

2012 Q2

Decrease

Sales 

62%

28%

10%

-2%

64%

32%

4%

Capital Spending

43%

48%

9%

10%

33%

58%

9%

Employment 

43%

48%

10%

11%

32%

60%

8%

 

“Overall, the Roundtable’s survey results indicate a high level of optimism in the economy when compared against the previous quarter,” said Steve Voigt, Chair of the Vermont Business Roundtable and President and CEO of King Arthur Flour. “Over 90 percent of members who responded are anticipating either increased or stable activity in sales, capital spending and employment. This bodes well for Vermont as we head into the holiday and winter recreation seasons.” These results contrast sharply with the Washington, D.C.-based Business Roundtable, whose similar quarterly survey shows a downshift in sentiments reflecting ongoing uncertainty about the strength of the nation’s recovery. For coverage of those results, click here.

The response rate for this quarter was 68 percent.  Historically, rates have varied from 35 to 73 percent.  The Roundtable’s CEO Economic Outlook Survey provides a forward-looking view of the economic assumptions and attitudes of chief executive officers of the state’s top employers that represent Vermont’s agriculture, construction, education, health services, finance, real estate, insurance, hospitality/leisure, manufacturing, information, utilities, professional/business services, wholesale trade, and non-profit industries.

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VBR’s Q2 CEO Economic Outlook Survey Supports an Increasingly Stable Outlook through 2012

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Wednesday, June 20th, 2012

Business Roundtable Releases Latest CEO Economic Outlook Survey

Increasingly Stable Outlook through 2012

(South Burlington, Vt.)  The chief executives of Vermont’s leading businesses demonstrated an increasingly stable outlook in their economic forecasts for the coming six months, compared against the previous survey.  The survey, which was completed between June 1 and June 15, was released today by Vermont Business Roundtable Chair Steve Voigt, CEO, King Arthur Flour and President Lisa Ventriss. (more…)

Latest CEO Economic Outlook Survey Reveals Increasing Optimism Through 2012

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Tuesday, April 3rd, 2012

(South Burlington, Vt.)  The chief executives of Vermont’s leading businesses demonstrated increasing optimism in their economic forecasts for the coming six months, improving on results from the previous survey.  The survey, which was completed between March 9 and March 23, was released today by Vermont Business Roundtable Chair Steve Voigt, CEO, King Arthur Flour and President Lisa Ventriss. (more…)

Roundtable Releases Qtr4 2011 CEO Survey: Forecast Improves through First Half of 2012

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Tuesday, January 3rd, 2012

(South Burlington, Vt.)  The chief executives of Vermont’s leading businesses appear poised to maintain their growth plans through the first half of 2012, improving on results from the previous survey.  The survey was completed between December 9 and December 23 and released today by Vermont Business Roundtable Chair Steve Voigt, CEO, King Arthur Flour and President Lisa Ventriss. (more…)

Business Roundtable Releases Latests CEO Economic Survey

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Thursday, September 29th, 2011

Forecast is Steady through First Quarter of 2012

3rd Qtr Graphs: Sales, Capital Expenses, Employment

(South Burlington, Vt.)  The chief executives of Vermont’s leading businesses appear poised to maintain their growth plans through early 2012, echoing results from the previous survey.  The survey was completed between September 8 and September 22 and released today by Vermont Business Roundtable Chair Steve Voigt, CEO, King Arthur Flour and President Lisa Ventriss. (more…)

You Can Quote Me: Roundtable President Interviewed by WCAX’s Anson Tebbetts

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Tuesday, August 16th, 2011
Screen shot of Lisa Ventriss/Anson Tebbetts WCAX Interview Video

Image Property of WorldNow and WCAX www.wcax.com

Lisa Ventriss, Roundtable President, recently visited with Anson Tebbetts, WCAX News Director, as invited guest on You Can Quote Me to discuss VBR’s 2nd Quarter CEO Economic Outlook Survey and other Roundtable priorities. If you missed  the interview in real time, be sure to visit WCAX’s You can Quote Me site to view their recording.

Click Here to Watch Video |  Interview Date: August 7, 2011

Roundtable Releases Latest CEO Economic Outlook Survey: Forecast is Slow and Steady

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Monday, July 11th, 2011

Business Roundtable Releases Latest CEO Economic Outlook Survey: Forecast is Slow and Steady for Remainder of 2011

(South Burlington, Vt.)  The chief executives of Vermont’s leading businesses appear poised to hold steady their growth plans through the remainder of 2011, when compared against the first quarter survey period.  The survey was completed between June 10 and June 24 and released today by Vermont Business Roundtable Chair Steve Voigt, CEO, King Arthur Flour and President Lisa Ventriss.

According to Roundtable President, Lisa Ventriss, “Overall, these data show an economy that continues to be in a holding pattern as our members wait for clarity and direction on key policy issues at both the state and federal levels. While roughly 60 percent of our members foresee increased sales projections for their companies, that number has declined slightly (61 percent compared to 73 percent in the previous quarter).  An increasing number of CEOs expect there to be no change in either their capital expenditures or employment levels for the rest of 2011. Only one in ten CEOs are anticipating decreases in these key areas.” (more…)

Business Roundtable Releases First Quarter 2011 CEO Outlook Survey

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Monday, April 18th, 2011

Business Roundtable Releases Latest CEO Economic Outlook Survey

Forecast is Steady for Next Six Months

(South Burlington, Vt.)  The chief executives of Vermont’s leading businesses appear poised to hold steady for the spring and summer months of 2011, when compared against the previous survey period.  The survey was completed between April 1 and April 15 and released today by Vermont Business Roundtable Chair Steve Voigt, CEO, King Arthur Flour and President Lisa Ventriss.

According to Roundtable President, Lisa Ventriss, “Overall, these data show an economy that is taking its breath and assuming a “wait and see” posture.  The most positive growth indicator continues to be our members’ sales forecasts which showed a slight uptick over the previous period (73 percent compared to 71 percent).  And while a plurality of our members are forecasting growth outlooks for capital expenditures and employment levels, (47 percent and 44 percent, respectively), another segment of members is projecting no change in those indicators from the previous quarter (38 percent and 41 percent, respectively),Ventriss said.

Chair Steve Voigt said “We believe that these data also reflect a hesitation among our CEOs that is related to the current debate around health care reform in Vermont and the nation. We polled our members on this topic and found it to be a major source of concern; there are still many cost-related reform questions yet to be answered, and this makes future investment decisions regarding people or plant difficult to make at best. We must remember that while growth indicators have been trending upward nicely since early 2009, these changes are still fragile.”

The Roundtable’s CEO Economic Outlook Survey provides a forward-looking view of the economic assumptions and attitudes of chief executive officers for 120 of the state’s top employers with an aggregate economic impact of $135 billion and employing 15 percent of the state’s workforce.  The members represent Vermont’s agriculture, construction, education, health services, finance, real estate, insurance, hospitality/leisure, manufacturing, information, utilities, professional/business services, wholesale trade, and non-profit industries.  The response rate for this quarter was 58 percent.  Historically, rates have varied from 35 to 73 percent.

1. How do you expect your company’s sales to change in the next six months?

Sales INCREASE NO CHANGE DECREASE
Q1 2004 83% 13% 4%
Q2 2004 80% 15% 4%
Q3 2004 71% 25% 4%
Q4 2004 77% 22% 1%
Q1 2005 78% 19% 3%
Q2 2005 75% 23% 2%
Q3 2005 74% 24% 2%
Q4 2005 72% 24% 4%
Q1 2006 78% 20% 2%
Q2 2006 78% 22% 0%
Q3 2006 69% 25% 6%
Q4 2006 73% 23% 4%
Q3 2008 51% 35% 14%
Q4 2008 27% 46% 27%
Q1 2009 33% 30% 37%
Q2 2009 41% 31% 28%
Q3 2009 34% 49% 17%
Q1 2010 63% 19% 18%
Q2 2010 69% 24% 7%
Q3 2010 59% 35% 6%
Q4 2010 71% 23% 6%
Q1 2011 73% 19% 8%
% change from Q4/10 to Q1/11 2% -4% 2%

Totals may not equal 100 due to rounding.

2. How do you expect your company’s capital spending to change in the next six months?

Capital INCREASE NO CHANGE DECREASE
Q1 2004 62% 30% 8%
Q2 2004 43% 41% 15%
Q3 2004 51% 42% 7%
Q4 2004 45% 46% 9%
Q1 2005 55% 37% 8%
Q2 2005 49% 43% 8%
Q3 2005 57% 38% 5%
Q4 2005 50% 35% 15%
Q1 2006 45% 45% 10%
Q2 2006 53% 40% 7%
Q3 2006 40% 50% 10%
Q4 2006 56% 39% 5%
Q3 2008 38% 42% 20%
Q4 2008 17 % 43% 40%
Q1 2009 12% 38% 50%
Q2 2009 17% 51% 32%
Q3 2009 31% 46% 23%
Q1 2010 50% 42% 8%
Q2 2010 51% 38% 11%
Q3 2010 37% 48% 15%
Q4 2010 49% 34% 17%
Q1 2011 47% 38% 15%
% Change from Q4/10 to Q1/11 -2% 4% -2%

Totals may not equal 100 due to rounding.

3. How do you expect your company’s employment to change in the next six months?

Employment INCREASE NO CHANGE DECREASE
Q1 2004 57% 38% 4%
Q2 2004 50% 48% 2%
Q3 2004 59% 37% 4%
Q4 2004 58% 39% 3%
Q1 2005 55% 38% 7%
Q2 2005 49% 42% 9%
Q3 2005 49% 44% 7%
Q4 2005 60% 35% 5%
Q1 2006 54% 39% 7%
Q2 2006 50% 45% 5%
Q3 2006 43% 49% 7%
Q4 2006 53% 41% 5%
Q3 2008 40% 42% 18%
Q4 2008 25% 35% 40%
Q1 2009 23% 37% 40%
Q2 2009 21% 50% 29%
Q3 2009 34% 46% 20%
Q1 2010 40% 52% 8%
Q2 2010 46% 45% 9%
Q3 2010 35% 52% 13%
Q4 2010 51% 38% 11%
Q1 2011 44% 41% 15%
% Change from Q4/10 to Q1/11 -7% 3% 4%

Totals may not equal 100 due to rounding.

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CEOs Forecast Improvements for first Six Months of New Year

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Friday, January 14th, 2011

(South Burlington, Vt.)  The chief executives of Vermont’s leading businesses appear increasingly poised for improvement in all three of the survey’s metrics:  sales prospects, capital expenditures and employment levels for the winter and spring months of 2011, when compared against the previous survey period.  The mood was assessed near the end of calendar year 2010 and released today by Vermont Business Roundtable Chair Bill Stritzler and President Lisa Ventriss. (more…)

CEOs Express Optimism for Next Six Months

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Tuesday, July 6th, 2010

The chief executives of Vermont’s leading businesses appear increasingly optimistic toward all three of the survey’s metrics:  sales prospects, capital expenditures and employment levels for the summer months and fall months, when compared against first quarter 2010 forecasts.    The mood was assessed near the end of the second quarter and released today by Vermont Business Roundtable Chair Bill Stritzler and President Lisa Ventriss. (more…)