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September 2, 2014, 9:07 am
970 WMAY News

Survey: Local Business Owners Expect Economy To Hold Steady Or Improve In 2014


Local business owners predict the economy will get a little better… or at least it won’t get any worse… in the coming twelve months. 

 

That’s the key finding of the latest Economic Outlook Survey commissioned by the Greater Springfield Chamber of Commerce.  Those taking the survey are more optimistic about their own business than they are about the local economy as a whole… but they are troubled by uncertainty surrounding the state pension crisis and Obamacare. 

 

The survey finds most business owners expect inflation to be on the rise in 2014… but that may actually be a sign of economic strength, because inflation usually follows increased demand for products and services.

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