Binghamton Economic Outlook Survey 2020

Question Title

* 1. The occupation or role that best describes me is:

Business - Management

Business - Sales/Marketing

Business - Administration

Elected Official

Government Employee

Non-Profit

Business Owner/CEO

Other (please specify)

Question Title

* 2. My office is located:

City of Binghamton

Town of Barker

Town of Binghamton

Town of Chenango

Town of Colesville

Town of Conklin

Town of Dickinson

Village of Endicott

Village of Endwell

Town of Fenton

Village of Johnson City

Town of Kirkwood

Town of Lisle

Town of Nanticoke

Town of Sanford

Town of Triangle

Town of Vestal

Town of Windsor

Multiple Locations

Other (please specify)

Question Title

* 3. Please select which business classification best describes your business.

Accommodation & Food Service

Arts, Entertainment & Recreation

Business Services

Construction

Educational Services

Finance & Insurance

Health Care & Social Assistance

Information - IT/Technology

Manufacturing & Transportation

Non-Profit Services

Services

Real Estate/Rental/Leasing

Retail/Trade

Utilities/Energy

Professional/Scientific & Technical

Other (please specify)

Question Title

* 4. My company has the following number of (local) employees:

1 - 10

11 - 50

51 - 99

100 - 250

250+

Question Title

* 5. In 2020, I expect the Greater Binghamton economy to:

Expand

Decline

Remain Unchanged

Question Title

* 6. How has your economic outlook changed since last year?

More Optimistic

Less Optimistic

Unchanged

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* 7. In 2020, your company's sales revenues will:

Increase

Decrease

Stay the same

Not sure

Question Title

* 8. In 2020, I expect our company workforce to:

Increase

Decrease

Stay the same

Not sure

	Not an issue	Moderate issue	Huge issue	N/A
Access to talent	Access to talent Not an issue	Access to talent Moderate issue	Access to talent Huge issue	Access to talent N/A
Cost of healthcare	Cost of healthcare Not an issue	Cost of healthcare Moderate issue	Cost of healthcare Huge issue	Cost of healthcare N/A
Federal legislation	Federal legislation Not an issue	Federal legislation Moderate issue	Federal legislation Huge issue	Federal legislation N/A
Interest rates	Interest rates Not an issue	Interest rates Moderate issue	Interest rates Huge issue	Interest rates N/A
The global economy	The global economy Not an issue	The global economy Moderate issue	The global economy Huge issue	The global economy N/A
Inflation/Deflation	Inflation/Deflation Not an issue	Inflation/Deflation Moderate issue	Inflation/Deflation Huge issue	Inflation/Deflation N/A
Currency strength of US Dollar	Currency strength of US Dollar Not an issue	Currency strength of US Dollar Moderate issue	Currency strength of US Dollar Huge issue	Currency strength of US Dollar N/A
Access to capital and credit	Access to capital and credit Not an issue	Access to capital and credit Moderate issue	Access to capital and credit Huge issue	Access to capital and credit N/A
Federal/State wage/hour laws	Federal/State wage/hour laws Not an issue	Federal/State wage/hour laws Moderate issue	Federal/State wage/hour laws Huge issue	Federal/State wage/hour laws N/A
Housing availability - sales/prices/inventory	Housing availability - sales/prices/inventory Not an issue	Housing availability - sales/prices/inventory Moderate issue	Housing availability - sales/prices/inventory Huge issue	Housing availability - sales/prices/inventory N/A
Intellectual property theft and cyber security	Intellectual property theft and cyber security Not an issue	Intellectual property theft and cyber security Moderate issue	Intellectual property theft and cyber security Huge issue	Intellectual property theft and cyber security N/A
Unemployment rate	Unemployment rate Not an issue	Unemployment rate Moderate issue	Unemployment rate Huge issue	Unemployment rate N/A
Utility costs	Utility costs Not an issue	Utility costs Moderate issue	Utility costs Huge issue	Utility costs N/A
Competition from global markets	Competition from global markets Not an issue	Competition from global markets Moderate issue	Competition from global markets Huge issue	Competition from global markets N/A
Foreign direct involvement	Foreign direct involvement Not an issue	Foreign direct involvement Moderate issue	Foreign direct involvement Huge issue	Foreign direct involvement N/A
Costs of trade (or free trade agreements)	Costs of trade (or free trade agreements) Not an issue	Costs of trade (or free trade agreements) Moderate issue	Costs of trade (or free trade agreements) Huge issue	Costs of trade (or free trade agreements) N/A
Federal immigration policy	Federal immigration policy Not an issue	Federal immigration policy Moderate issue	Federal immigration policy Huge issue	Federal immigration policy N/A
Tariffs	Tariffs Not an issue	Tariffs Moderate issue	Tariffs Huge issue	Tariffs N/A

Not an issue

Moderate issue

Huge issue

N/A

Access to talent

Access to talent Not an issue

Access to talent Moderate issue

Access to talent Huge issue

Access to talent N/A

Cost of healthcare

Cost of healthcare Not an issue

Cost of healthcare Moderate issue

Cost of healthcare Huge issue

Cost of healthcare N/A

Federal legislation

Federal legislation Not an issue

Federal legislation Moderate issue

Federal legislation Huge issue

Federal legislation N/A

Interest rates

Interest rates Not an issue

Interest rates Moderate issue

Interest rates Huge issue

Interest rates N/A

The global economy

The global economy Not an issue

The global economy Moderate issue

The global economy Huge issue

The global economy N/A

Inflation/Deflation

Inflation/Deflation Not an issue

Inflation/Deflation Moderate issue

Inflation/Deflation Huge issue

Inflation/Deflation N/A

Currency strength of US Dollar

Currency strength of US Dollar Not an issue

Currency strength of US Dollar Moderate issue

Currency strength of US Dollar Huge issue

Currency strength of US Dollar N/A

Access to capital and credit

Access to capital and credit Not an issue

Access to capital and credit Moderate issue

Access to capital and credit Huge issue

Access to capital and credit N/A

Federal/State wage/hour laws

Federal/State wage/hour laws Not an issue

Federal/State wage/hour laws Moderate issue

Federal/State wage/hour laws Huge issue

Federal/State wage/hour laws N/A

Housing availability - sales/prices/inventory

Housing availability - sales/prices/inventory Not an issue

Housing availability - sales/prices/inventory Moderate issue

Housing availability - sales/prices/inventory Huge issue

Housing availability - sales/prices/inventory N/A

Intellectual property theft and cyber security

Intellectual property theft and cyber security Not an issue

Intellectual property theft and cyber security Moderate issue

Intellectual property theft and cyber security Huge issue

Intellectual property theft and cyber security N/A

Unemployment rate

Unemployment rate Not an issue

Unemployment rate Moderate issue

Unemployment rate Huge issue

Unemployment rate N/A

Utility costs

Utility costs Not an issue

Utility costs Moderate issue

Utility costs Huge issue

Utility costs N/A

Competition from global markets

Competition from global markets Not an issue

Competition from global markets Moderate issue

Competition from global markets Huge issue

Competition from global markets N/A

Foreign direct involvement

Foreign direct involvement Not an issue

Foreign direct involvement Moderate issue

Foreign direct involvement Huge issue

Foreign direct involvement N/A

Costs of trade (or free trade agreements)

Costs of trade (or free trade agreements) Not an issue

Costs of trade (or free trade agreements) Moderate issue

Costs of trade (or free trade agreements) Huge issue

Costs of trade (or free trade agreements) N/A

Federal immigration policy

Federal immigration policy Not an issue

Federal immigration policy Moderate issue

Federal immigration policy Huge issue

Federal immigration policy N/A

Tariffs

Tariffs Not an issue

Tariffs Moderate issue

Tariffs Huge issue

Tariffs N/A

	Not an issue	Moderate issue	Huge issue	N/A
Regional economic climate	Regional economic climate Not an issue	Regional economic climate Moderate issue	Regional economic climate Huge issue	Regional economic climate N/A
Transportation infrastructure	Transportation infrastructure Not an issue	Transportation infrastructure Moderate issue	Transportation infrastructure Huge issue	Transportation infrastructure N/A
Business taxes and regulation	Business taxes and regulation Not an issue	Business taxes and regulation Moderate issue	Business taxes and regulation Huge issue	Business taxes and regulation N/A
Employee health care costs	Employee health care costs Not an issue	Employee health care costs Moderate issue	Employee health care costs Huge issue	Employee health care costs N/A
Attracting and retaining employees	Attracting and retaining employees Not an issue	Attracting and retaining employees Moderate issue	Attracting and retaining employees Huge issue	Attracting and retaining employees N/A
Revenue generation	Revenue generation Not an issue	Revenue generation Moderate issue	Revenue generation Huge issue	Revenue generation N/A
Managing growth	Managing growth Not an issue	Managing growth Moderate issue	Managing growth Huge issue	Managing growth N/A
Technology	Technology Not an issue	Technology Moderate issue	Technology Huge issue	Technology N/A
Lack of qualified workers	Lack of qualified workers Not an issue	Lack of qualified workers Moderate issue	Lack of qualified workers Huge issue	Lack of qualified workers N/A
Access to capital and credit	Access to capital and credit Not an issue	Access to capital and credit Moderate issue	Access to capital and credit Huge issue	Access to capital and credit N/A
Availability of commercial office space to fit our needs	Availability of commercial office space to fit our needs Not an issue	Availability of commercial office space to fit our needs Moderate issue	Availability of commercial office space to fit our needs Huge issue	Availability of commercial office space to fit our needs N/A
Workers compensation	Workers compensation Not an issue	Workers compensation Moderate issue	Workers compensation Huge issue	Workers compensation N/A
Unemployment insurance	Unemployment insurance Not an issue	Unemployment insurance Moderate issue	Unemployment insurance Huge issue	Unemployment insurance N/A
Childcare	Childcare Not an issue	Childcare Moderate issue	Childcare Huge issue	Childcare N/A
Housing	Housing Not an issue	Housing Moderate issue	Housing Huge issue	Housing N/A

Not an issue

Moderate issue

Huge issue

N/A

Regional economic climate

Regional economic climate Not an issue

Regional economic climate Moderate issue

Regional economic climate Huge issue

Regional economic climate N/A

Transportation infrastructure

Transportation infrastructure Not an issue

Transportation infrastructure Moderate issue

Transportation infrastructure Huge issue

Transportation infrastructure N/A

Business taxes and regulation

Business taxes and regulation Not an issue

Business taxes and regulation Moderate issue

Business taxes and regulation Huge issue

Business taxes and regulation N/A

Employee health care costs

Employee health care costs Not an issue

Employee health care costs Moderate issue

Employee health care costs Huge issue

Employee health care costs N/A

Attracting and retaining employees

Attracting and retaining employees Not an issue

Attracting and retaining employees Moderate issue

Attracting and retaining employees Huge issue

Attracting and retaining employees N/A

Revenue generation

Revenue generation Not an issue

Revenue generation Moderate issue

Revenue generation Huge issue

Revenue generation N/A

Managing growth

Managing growth Not an issue

Managing growth Moderate issue

Managing growth Huge issue

Managing growth N/A

Technology

Technology Not an issue

Technology Moderate issue

Technology Huge issue

Technology N/A

Lack of qualified workers

Lack of qualified workers Not an issue

Lack of qualified workers Moderate issue

Lack of qualified workers Huge issue

Lack of qualified workers N/A

Access to capital and credit

Access to capital and credit Not an issue

Access to capital and credit Moderate issue

Access to capital and credit Huge issue

Access to capital and credit N/A

Availability of commercial office space to fit our needs

Availability of commercial office space to fit our needs Not an issue

Availability of commercial office space to fit our needs Moderate issue

Availability of commercial office space to fit our needs Huge issue

Availability of commercial office space to fit our needs N/A

Workers compensation

Workers compensation Not an issue

Workers compensation Moderate issue

Workers compensation Huge issue

Workers compensation N/A

Unemployment insurance

Unemployment insurance Not an issue

Unemployment insurance Moderate issue

Unemployment insurance Huge issue

Unemployment insurance N/A

Childcare

Childcare Not an issue

Childcare Moderate issue

Childcare Huge issue

Childcare N/A

Housing

Housing Not an issue

Housing Moderate issue

Housing Huge issue

Housing N/A

Binghamton Economic Outlook Survey 2020

Question Title

* 1. The occupation or role that best describes me is:

Question Title

* 2. My office is located:

Question Title

* 3. Please select which business classification best describes your business.

Question Title

* 4. My company has the following number of (local) employees:

Question Title

* 5. In 2020, I expect the Greater Binghamton economy to:

Question Title

* 6. How has your economic outlook changed since last year?

Question Title

* 7. In 2020, your company's sales revenues will:

Question Title

* 8. In 2020, I expect our company workforce to:

Question Title

* 9. Please rank how the following NATIONAL Factors have the Most Impact on Current Outlook for the Economy

Question Title

* 10. Please rank how the following STATE and LOCAL Business Challenges that your company encounters