Thursday, June 2, 2016

Survey shows Sangamon County businesses worried about state finances

The Survey Research Office at the University of Illinois Springfield has released the Spring 2016 Sangamon County Economic Outlook Survey.

The study examines the economic perceptions, expectations and evaluations of Sangamon County businesses as well as public and non-profit organizations.

The spring 2016 survey reveals that economic expectations for the economy of Sangamon County have decreased slightly since the spring of 2015 across all economic sectors. More than a third of respondents (36%) expect to see a decline in the state of the overall economy in the next 12 months. Similarly, 27% say that overall employment will decline, and 25% think that revenue will also decrease in the next 12 months.

The story was reported by WUIS Radio on May 31, 2016.

Read/listen to the full story online.