Friday, November 16, 2012

Survey: Bright future for Springfield economy

The forecast for economic growth in Springfield is bright, but there will be some bumps along the way to a smoother economy.

According to a survey of Sangamon County business members, the economic horizon will see big gains in healthcare, and the future for the downtown area looks bright. But a dip in manufacturing is expected.

When considering Sangamon County as a whole, the survey shows short-term pain but long-term gain.

"What's exciting about the survey results is that when people look at their own business, they're expecting capital investment in their firm to stay positive," UIS research office director Ashley Kirzinger said. "They're expecting employment to stay about the same, and they're not going to decrease in their employment numbers."

The survey was featured by WICS-TV 20 on November 15, 2012.

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