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Business Optimism Remains Positive Despite Uncertainty over Trade Policy

On Oct 16, 2018

Disclaimer: Sponsored content articles do not reflect the opinions of New Jersey Business magazine or the New Jersey Business & Industry Association.

We recently completed our Q3 2018 Economic Outlook Survey and we’re pleased to share the results with you.

Thank you for your participation – we greatly appreciate the knowledge and experience of clients like you.

This quarter’s survey results suggest that most mid-sized companies remain optimistic about growth, although a small but growing minority of respondents believe the economy may begin to cool in the next six months.

  • 52% of Middle Market firms expect the economy to perform well over the next six months, compared to 22% who expect a slowdown
  • Labor demand remains strong, with a net 32% of respondents planning to hire new employees
  • Commercial Real Estate firms are optimistic about the broader economy, but less positive about the CRE industry itself, with only one third of respondents expecting industry conditions to improve

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Questions?  We’re here to help.

Gary Keith

Vice President, Regional Economist Commercial Banking Division

716-848-4725

[email protected]

Disclaimer: Sponsored content articles do not reflect the opinions of New Jersey Business magazine or the New Jersey Business & Industry Association.