SALISBURY –Eastern Shore business owners and managers optimism is on the decline regarding the economic outlook over the next 12 months.
These trends are among the findings of the latest Eastern Shore Business Sentiment Survey conducted through a partnership with Salisbury University’s Business Economic and Community Outreach Network (BEACON), SU’s Eastern Shore Regional GIS Cooperative (ESRGC), and many of the region’s economic and workforce development professionals.
The June 2022 results are the third report released by BEACON and its partners and the first to include all nine Eastern Shore counties. The first survey in the series was conducted in June 2021 and a follow-up in December 2021.
The survey included more than 50 questions, asking business leaders to weigh in on a range of topics, from general business concerns to conditions in their own industries. Respondents evaluated business conditions locally, regionally, in the state and nationwide for the coming year. They also shared views related to their specific industries and on issues from labor supply to regulations.
Results include that optimism about business conditions in respondents’ respective counties over the next 12 months, has declined dramatically with almost 43% answering worse or much worse compared to 18% in December of 2021 and 6% in July of 2021. They predict that conditions will be worse statewide and nationally.
after the GOP primary results from other day, the money folks in SBY are certainly crapping bricks…
Wow, optimism is on the wane- how much did THAT study cost?
SU? Yeah right. They have about as much credibility as UMES does-absolutely none!
Cmon, UMES prior to COVID gave us great videos during their annual Homecoming week.
Miss those times, but I know our LEOs don’t. It was several years in a row that so many LEOs had to get to UMES for that Homecoming/RAP concert sh*tshow.
Videos on Twitter of folks preparing to attend. Then recording fights…. So amazing.
Yes, UMES supplies nothing except entertainment.
Putin is succeeding at destroying this country, including our local area, and couldn’t have gotten this far without the help of his puppet, Trump.
Interesting article during very trying times. Thanks for linking it here.
Salisbury University Can you say “Woke” College