2020 HBJ Economic Forecast Survey Welcome to Hartford Business Journal's 2020 Economic Forecast Survey. Thank you for participating. Your feedback is valued and appreciated. The results will be printed in our 2019-2020 Book of Lists/Economic Forecast publication on Dec. 30. If you complete the survey, you can enter a drawing to win a $50 gift certificate to a downtown Hartford restaurant. Thanks!Greg BordonaroHartford Business Journal Editor Question Title * 1. How will Connecticut's economy fare in 2020 compared to 2019? Improve significantly Improve slightly Remain the same Decline slightly Decline significantly Question Title * 2. Do you think Greater Hartford's economy is in better or worse condition today than it was at this time last year? Better Worse Not sure Question Title * 3. Do you plan to hire additional staff in 2020? Yes No Too soon to tell/I don't know Question Title * 4. By what percentage do you expect your employee base to grow in 2020? Negative growth No growth 0.1% to 5% 5.5% to 10% 10.5% or more Question Title * 5. Do you have plans to expand in 2020? Yes, with new product lines Yes, with expansion into new geographic territories Yes, with new or expanded facilities Yes, with a combination of some or all of the above No Question Title * 6. Will you raise capital in 2020? Yes No I don't know Question Title * 7. What method do you primarily plan to use to raise capital in 2020? We don't plan to raise capital Bank loans Private investment (including venture capital) Public markets Micro-investors (or "crowdfunding") Other (please specify) Question Title * 8. Do you plan to make a major investment in property, plant or equipment in 2020? Yes No Too soon to tell/don't know Question Title * 9. What do you expect housing prices to do in 2020? Decrease Remain flat Increase Question Title * 10. What is your estimate for your company's revenue performance for 2020 compared to 2019? Decrease more than 20% Decrease 11 to 20% Decrease 1 to 10% No growth Increase 1 to 10% Increase 11 to 20% Increase more than 20% Question Title * 11. What is your estimate for your company's bottom line (net income/profit) performance for 2020 compared to 2019? Decrease more than 20% Decrease 11 to 20% Decrease 1 to 10% No growth Increase 1 to 10% Increase 11 to 20% Increase more than 20% Question Title * 12. If you anticipate revenue growth, where will it come from? New products New customers Better retention rate of current customers Current customers buying more Other (please specify) Question Title * 13. What’s the biggest impediment to business growth in Connecticut? Taxes Cost of living Energy costs Regulatory process Healthcare costs Other (please specify) Question Title * 14. Will state government raise new revenues in 2020 to balance the budget? Yes No Question Title * 15. If state government were to raise new revenues in 2020, which would be least harmful to CT's economy? Tolls Taxing legalized recreational marijuana Taxing legalized sports betting Increasing existing tax rates Allowing more CT casinos Other (please specify) Question Title * 16. How will your firm's healthcare costs fare in 2020? Decrease more than 20% Decrease 11 to 20% Decrease 1 to 10% No change Increase 1 to 10% Increase 11 to 20% Increase more than 20% Question Title * 17. What industry do you primarily serve? Accounting Advertising, Media & Marketing Agriculture Arts & Culture Banking & Finance Construction Economic Development Education Energy & Utilities Entrepreneurs Environment Government & Politics Green Business Health Care Hospitality & Tourism Insurance Legal & Courts Logistics Manufacturing Nonprofits Printing & Graphics Real Estate Research & Development Retail Sports & Outdoors Technology Telecommunications Transportation Question Title * 18. What best describes your business? Privately held Publicly traded Nonprofit Other (please specify) Question Title * 19. How many people are employed at your company? 1-9 10-19 20-49 50-99 100-249 250-499 500 or more Question Title * 20. Are you a regular reader of the print edition of the Hartford Business Journal? Yes No Question Title * 21. Please fill in the information below to be entered into a drawing to receive a $50 gift certificate to a downtown Hartford restaurant. Name: Company: Address: City/Town: State: -- select state -- AL AlabamaAK AlaskaAS American SamoaAZ ArizonaAR ArkansasCA CaliforniaCO ColoradoCT ConnecticutDE DelawareDC District of ColumbiaFM Federated States of MicronesiaFL FloridaGA GeorgiaGU GuamHI HawaiiID IdahoIL IllinoisIN IndianaIA IowaKS KansasKY KentuckyLA LouisianaME MaineMH Marshall IslandsMD MarylandMA MassachusettsMI MichiganMN MinnesotaMS MississippiMO MissouriMT MontanaNE NebraskaNV NevadaNH New HampshireNJ New JerseyNM New MexicoNY New YorkNC North CarolinaND North DakotaMP Northern Mariana IslandsOH OhioOK OklahomaOR OregonPW PalauPA PennsylvaniaPR Puerto RicoRI Rhode IslandSC South CarolinaSD South DakotaTN TennesseeTX TexasUT UtahVT VermontVI Virgin IslandsVA VirginiaWA WashingtonWV West VirginiaWI WisconsinWY Wyoming ZIP: Email Address: Done
