VBR & EPR Release Qtr 1 2019 Business Conditions Survey [2.7.19]

1st Quarter 2019 Business Conditions Survey and Index

Results Show Continuing Neutral Outlook

(South Burlington, Vt.)  Today, Lisa Ventriss, President of Vermont Business Roundtable (VBR) and Jeffrey Carr, President, Economic & Policy Resources (EPR), announced the Q1 of 2019 outlook results of their joint initiative, the VBR/EPR Business Conditions Survey and Index.

Overall Finding

Continue reading “VBR & EPR Release Qtr 1 2019 Business Conditions Survey [2.7.19]”

Business Roundtable Elects New Leadership for 2019 [1.28.19]

(South Burlington, Vt.)  At its 32nd Annual Membership Meeting held January 17th at The Essex Resort and Spa, the Vermont Business Roundtable elected new officers: Chair Mark Foley, Foley Services; Vice-Chair Judith O’Connell, Champlain Investment Partners; Treasurer Scott Giles, Vermont Student Assistance Corporation; Secretary Stephanie Mapes, Paul Frank + Collins; Immediate Past Chair Michael Seaver, Peoples United Bank; and, President Lisa Ventriss.   Continue reading “Business Roundtable Elects New Leadership for 2019 [1.28.19]”

Roundtable Announces 2018 New Medallion Award Recipient [1.10.19]


Roundtable Announces 2018 New Medallion Award Recipient

Ken Cadow, Randolph Union High School, is Recognized

(So. Burlington, VT) Today, Lisa Ventriss, President of Vermont Business Roundtable announced the recipient of the Roundtable’s 2018 New Medallion Award, which recognizes exceptional, innovative school leadership and dedication in the design and delivery of proficiency-based learning experiences for Vermont students.  Continue reading “Roundtable Announces 2018 New Medallion Award Recipient [1.10.19]”

VBR & EPR Release 4Q18 Business Conditions Survey & Index [11.29.18]

Today, Lisa Ventriss, President of Vermont Business Roundtable (VBR) and Jeffrey Carr, President, Economic & Policy Resources (EPR), announced the Q4 of 2018 outlook results of their joint initiative, the VBR/EPR Business Conditions Survey and Index.

Overall Finding

The latest survey, which was conducted during October and November of 2018, achieved a response rate of 65 percent overall.  Survey results show that:

  • More than 80 percent of respondents shared negative outlooks specifically with ease of hiring for available positions (83%); an increase from the previous survey (77%);

Continue reading “VBR & EPR Release 4Q18 Business Conditions Survey & Index [11.29.18]”

VBR & EPR Release 3Q18 Business Conditions Survey and Index [8.28.18]

Results Show Continuing Neutral Outlook

Today, Lisa Ventriss, President of Vermont Business Roundtable (VBR) and Jeffrey Carr, President, Economic & Policy Resources (EPR), announced the Q3 of 2018 outlook results of their joint initiative, the VBR/EPR Business Conditions Survey and Index.

Overall Finding
The latest survey, which was conducted during July and August of 2018, achieved a response rate of 61 percent overall, down from previous levels due to summer schedules.  Survey results show that: Continue reading “VBR & EPR Release 3Q18 Business Conditions Survey and Index [8.28.18]”

Ventriss VPR Commentary on World Economies [8.15.18]

Map Courtesy: AEI.org
This commentary originally aired on Vermont Public Radio on August 15, 2018
Click Here to Hear Audio Version

It’s well accepted that a picture is worth a thousand words, as any visual learner or marketer will attest. But, how does one visualize something as enormous as the U.S. economy – the largest in the world at $19 trillion – and how do we view Vermont’s economy in comparison?

Recently, I’ve been fascinated with a comparison of each state’s GDP from 2017, with that of equivalent countries. California, Texas, and New York are the top three state economies, which align closely with the GDPs of the U.K., Canada, and South Korea, respectively.

Yes, Texas’s GDP is larger than that of our neighbor to the north. Continue reading “Ventriss VPR Commentary on World Economies [8.15.18]”

The Roundtable Welcomes New Members [6.27.18]

(South Burlington, Vt.)  At its 31st Summer Membership Meeting held at Sugarbush Resort, the Vermont Business Roundtable elected five new members to the organization including: Dan Bennett, CEO of Gifford Health Care; Phelan Fretz, Executive Director of ECHO Leahy Center; Sarah Morris, Fifth Generation Host at Basin Harbor Resort & Boat Club; Premila Peters, President and CEO of Data Innovations; and Dawn Terrill, President of Jani-Tech. Also at the meeting, the members installed Pennie Beach, Founding Director of Vermont Business Roundtable and Fourth Generation Host of Basin Harbor Resort & Boat Club, as Honorary Member.

The Roundtable also welcomes newly installed CEOs of existing member companies including: Joanne M. Conroy, MD, President and CEO of Dartmouth-Hitchcock Medical Center; Jay Fayette, CEO of PC Construction; Scott Finn, President and CEO of Vermont Public Radio; Peter Kunin, Managing Partner of Downs Rachlin Martin; Ralphine O’Rourke, Shareholder of Primmer Piper Eggleston & Cramer P.C., and Associate Members, Jody Cole, Regional Manager of Commercial Banking at People’s United Bank; Sandy Mayotte, COA and Senior Vice President of A.N. Deringer, Inc.; Cassie Polhemus, Chief Operating Officer of the Vermont Economic Development Authority; Gregory Woodworth, SVP and General Counsel of National Life Group.

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Ventriss: Employers Leading the Way to Close the Skills Gap

Please Visit VermontTPM.org for more information on the Vermont Talent Pipeline

by Lisa Ventriss, President
Exclusive for Vermont Business Magazine

While disappointing, the recent announcement that Revision Military had decided to move its official US headquarters to Portsmouth, New Hampshire was not shocking. As a worldwide leader in the manufacture of protective military and law enforcement gear, Revision’s demand for its products means it needs access to a larger talent pool. So proximity to Boston and Pease AFB’s cluster of military tech businesses made great business sense. And there are other examples of companies that have found they cannot expand in Vermont for lack of human capital, and are considering expanding into other regional markets.

This perspective is verified on a quarterly basis with the VBR/EPR Business Conditions Survey, in which “ease of hiring” is viewed negatively by over 70 percent of respondents in the latest survey, and which is the biggest contributor to a sustained “neutral outlook” on the state’s overall business climate over the last several years. Continue reading “Ventriss: Employers Leading the Way to Close the Skills Gap”

Ventriss VPR Commentary on Financial Literacy Training [5.21.18]

A few times a year I take the plunge and buy a handful of lottery tickets, especially when the prize money catches my attention.

I absolutely understand the statistical probability of my winning, but as the adman says, “You just never know!” And that’s enough to motivate my occasional purchase and fuel my imaginings for a posh retirement.

But we know that’s not the way to build a retirement nest egg, and in fact, doing it the right way requires knowledge and informed decision-making as early in life as possible. Continue reading “Ventriss VPR Commentary on Financial Literacy Training [5.21.18]”

VBR & EPR Release 1 & 2Q18 Business Conditions Survey and Index

Results Show Continuing Neutral Outlook

Today, Lisa Ventriss, President of Vermont Business Roundtable (VBR) and Jeffrey Carr, President, Economic & Policy Resources (EPR), announced the Q2 of 2018 outlook results of their joint initiative, the VBR/EPR Business Conditions Survey and Index.

Overall Finding
The latest survey, which was conducted during April of 2018, achieved a response rate of 68 percent overall and included a 50 percent or greater response rate from all represented sectors within the membership.  Survey results show that: Continue reading “VBR & EPR Release 1 & 2Q18 Business Conditions Survey and Index”