Bismarck-Mandan business leaders who spoke at an economic forum Thursday said they are hoping for a better year.
Members of the health care, higher education, service, and oil and gas industries spoke about their experiences during the COVID-19 pandemic over the past year and their thoughts on the future at the Bismarck Mandan Chamber EDC Economic Outlook Forum. The Chamber also presented the results of its Economic Outlook Survey, which saw businesses anticipating better performance in 2021.
Karel Sovak, dean of the University of Mary s Gary Tharaldson School of Business, presented the results of the outlook survey. Nearly half of the 130 businesses surveyed said they performed below expectations in 2020, with 60% citing COVID-19 as a factor. About 70% of businesses said they expected to do better this year, though COVID-19 and attracting and retaining qualified employees were named the top factors that could adversely affect performance.
Indian economy to contract 8% in FY21, growth seen at 9.6% in FY22: FICCI
Agriculture and allied activities are expected to grow by 3.5 per cent during 2020-21.
BusinessToday.In | January 26, 2021 | Updated 18:00 IST
The survey pegged India s GDP contraction at 1.3 per cent in October-December, followed by 0.5 per cent growth in January-March quarter.
India s GDP is likely to contract by 8 per cent in financial year 2020-21, but will grow by 9.6 per cent in 2021-22, as per industry body FICCI s latest Economic Outlook Survey.
The Economic Outlook Survey was conducted in January 2021, and drew responses from leading economists representing industry, banking and financial services sector, FICCI said in a release.
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The 2021 Virtual Economic Outlook Event will offer attendees unique access to macro and micro economic insights that will help them translate global and national trends into competitive intelligence they can use to grow their Fox Cities business and find opportunity in the coming year.
This year s virtual program will feature keynote economist, Elliot Eisenberg, who will offer insight into the post-election and COVID-impacted economy as well as the local Economic Outlook Survey results, conducted by the Fox Cities Regional Partnership (the economic development division of the Fox Cities Chamber). Results will cover business trends from the previous year and projections for 2021.
January 7, 2021
Statewide Iowa The Iowa Business Council’s fourth-quarter Economic Outlook Survey continues to show a positive feeling among some of the state’s largest businesses.
IBC Executive Director Joe Murphy says the survey index gives a reading on plans for sales, capital spending, and employment.
(as said) “This fourth quarter for 2020, we ended the year with our highest rating of the year. We clocked in at 62-point-five for a quantitative score,” Murphy says.
More than 55 percent of members expect sales to be higher in the next six months, 50 percent expect employment to increase and 50 percent expect capital spending to be higher. Murphy sees a couple of good things in the survey.
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Iowa Business Council survey shows continuing optimism
The Iowa Business Council’s fourth-quarter Economic Outlook Survey continues to show a positive feeling among some of the state’s largest businesses.
IBC Executive Director Joe Murphy says the survey index gives a reading on plans for sales, capital spending, and employment.
“This fourth quarter for 2020, we ended the year with our highest rating of the year. We clocked in at 62.5 for a quantitative score,” Murphy says.
More than 55% of members expect sales to be higher in the next six months, 50% expect employment to increase and 50% expect capital spending to be higher. Murphy sees a couple of good things in the survey. “Number one this marks the second straight quarter of positive economic sentiment from the Iowa Business Council. But secondly and probably more important, this is the highest rating that we’ve had since the second quarter of 2019,” according to Murphy. “So w