The Roundtable membership has demonstrated an increasingly stable outlook in its latest economic forecasts for sales, capital expenditures and employment levels in the coming six months, compared against the previous survey. The response rate for this quarter was 68 percent. Historically, rates have varied from 35 to 73 percent.
According to the press release, “…the Roundtable’s survey results indicate a high level of optimism in the economy when compared against the previous quarter,” said Steve Voigt, Chair of the Vermont Business Roundtable and President and CEO of King Arthur Flour. “Over 90 percent of members who responded are anticipating either increased or stable activity in all three indicators. This bodes well for Vermont as we head into the holiday and winter recreation seasons.” For a full review of the data, visit our home page at www.vtroundtable.org .
These results contrast sharply with the Washington, D.C.-based Business Roundtable, whose similar quarterly survey shows a downshift in sentiments reflecting ongoing uncertainty about the strength of the nation’s recovery. For coverage of those results, click visit www.businessroundtable.org and click on News Center.