The Cole Taylor Business Owners Confidence Index survey is conducted semi-annually to gather feedback from Chicago area business leaders regarding their attitudes and perceptions of the economy, both nationally and within the local market. These leaders represent a variety of industries, including manufacturing, healthcare, transportation, wholesale, and technology. We hope you'll find the results of our latest survey engaging and insightful as you plan for your future and the future of your business.
Chicago area entrepreneurs say economic uncertainty continues
to hamper business growth
- There is growing unease over the condition of the economy and anxiety continues over government policies.
- More than 75% rate the U.S. and local economies in fair or poor condition
- 63% rate U.S. economic policy as poor
- 85% rate Illinois economic policy as poor
- 75% think the Chicago-area economy will be the same or worse in three months
- More businesses say the biggest challenge facing their business is the poor economy/low demand, up 10% from one year ago
BIGGEST CHALLENGES FACING BUSINESS
- The outlook for hiring has declined from previous surveys. Only 29% of business owners plan to increase the total number of people working for them in the next three months, down from 30% in Fall 2012 and 42% from one year ago
Click here to view the full report
, including results related to resources, reshoring and the Chicago-area commercial real estate market.
Register now to receive the results of the Fall 2013 Cole Taylor Business Owners Confidence Index survey or submit a question for the survey.