Business Leaders Optimistic about Business
KALAMAZOOÂ (WKZO) – Dr. Brian Long’s monthly check of southwest Michigan’s Industrial economy shows that it’s gone flat, statistically.
But the Kalamazoo based economist says the business leaders he surveys remain very optimistic about 2013.
He says some of the businesses he surveys are peaking…leveling off at a high rate, perhaps the highest in their history, but not growing.
Long says perhaps it’s because looming right around the corner is another congressional fight over a budget extension and the sequester next month in Washington.
He says the optimism is also running high in the national survey, despite Congress, and their inability to trim costs. A survey of the entire state’s business leaders also shows there is a lot of optimism that 2013 will be a good year.
60 percent of the memberships of the Business Leaders for Michigan Survey say they are so optimistic they plan to hire new workers in the next two quarters. Nearly two thirds added jobs last year. President Doug Rothwell says they are far more optimistic about Michigan’s economy than the nations’ business men, which is a big switch from just a year or two ago.
55 percent of the business roundtable thinks Michigan’s economy will get better over the next six months and none of them thought it would get worse.
He says the optimism is also running high in the national survey, despite Congress, and their inability to trim costs.